Bill Sullivan
![Bill Sullivan](/assets/img/authors/unknown.jpg)
Bill Sullivan
clear commentary economy improve point press session statistic street upbeat wall year
We started the session with this tremendously upbeat commentary in the press and a clear mind-set on Wall Street for the economy to improve in 2003. Lo and behold, the first significant statistic of the year underscores that point of view, so we're off to the races.
borrowing current cycle expansion far lack notion seemingly thus
The lack of such short-term borrowing thus far in the current cycle seemingly contradicts the notion that a brisk expansion is under way.
added data decline friendly
The friendly data such as the decline in the NAPM non-manufacturing added support,
absurd almost believe economic economy replace risk series
It's almost absurd to think you can replace the World Series as an economic event. In no way does it put the economy at risk of double-dip recession, but I believe the economy loses.
borrowing deny economy fragile low recovery remove
This is a very fragile recovery process. It's been reliant on these low borrowing costs. If we remove them, we effectively deny the economy its support.
help hoping seem trying
We're just trying to reunite families, ... We were hoping Greyhound would help us out. Unfortunately, it doesn't seem like that's going to happen.