Carl Tannenbaum
Carl Tannenbaum
detroit economy gulf outside region signs
Outside of Detroit -- and outside of the gulf region -- there are signs that the economy is still doing very well.
certainly economic news recent slippery slope slower suggested toward
It's certainly surprising. I mean, all of the recent news suggested that we're going down a slippery slope toward a slower economic time.
consumers eight housing include inflation initial list next period ring risky six victims
If they have to ring some inflation out of the system, the initial list of victims has to include housing markets. You have a risky period for consumers for the next six to eight months.
blow economy failed hurricane season
The hurricane season failed to blow the economy off course.
debt good reasonable sure time
It's a good time to make sure your debt is at a reasonable level.
certainty mystery
There is short-term certainty and medium-term mystery for the Fed.
morning news smiles tomorrow
Unfortunately, I don't think the news tomorrow morning will put smiles on any faces.
continuing cycle decent defy economic forward half limits natural pace push risking second seem
We seem to be continuing to defy these natural limits of the economic cycle and we should be able to push forward at a decent pace in the second half without risking inflation,
expansion fact finally growth kick opposite prices rapid six trained
We're trained to think that rapid growth after six years of expansion is finally going to kick prices up a little bit, but in fact they're going in the opposite direction,
economy economy-and-economics energy near nowhere
We're nowhere near the same economy as we were in the 1970s. We're more service-based. We're much more energy efficient.
achieve alan bubble bursting crash economic great greenspan including market might september stock terror valuable wars
We've been able to achieve great things amid great challenges- including the stock market crash of 1987, the bursting of the stock bubble in 2000, two wars and the September 11, 2001, terror attacks. Alan Greenspan might be thought of as our most valuable economic player.
auto companies given industry looking might period themselves
We've given the auto industry steroids, and we might be looking at a period of withdrawal as auto companies wean themselves from these stimulants,
adds available efficiency growing higher labor level pool pressure worker
The pool of available labor is diminishing and worker efficiency is growing more slowly. This adds up to a higher level of pressure on wages, and, by inference, on inflation.
cross currents job market overall report
There are a lot of cross currents out there ... but overall the report suggests the job market is still doing pretty well.