Calvin Schnure
Calvin Schnure
april consumer factor numbers points revision second slowing spending
These numbers are weak. Even if you factor in the upward revision to the April data, this points to a slowing in consumer spending in the second quarter.
bounce capital coming consistent defense extremely fourth looking picture september spending weak
What we are looking at here is a bounce that is boosted by defense and aircraft, coming back from extremely weak September levels. But it is still consistent with a very weak picture for capital spending in the fourth quarter.
agreement effect higher increase overnight prices push result supply time
We are not going to see a significant effect overnight as a result of an OPEC agreement. I don't see prices going any higher for the time being, but it will take some time to see the increase of supply push down the price of fuel.
agreement higher impact increase overnight prices push result supply time
We are not going to see a significant impact overnight as a result of an OPEC agreement. I don't see prices going any higher for the time being, but it will take some time to see the increase of supply push down the price of fuel.