Carl Tannenbaum
Carl Tannenbaum
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.
begin bit both economy fed higher influence market performed rates surprised
It has surprised all of us that the economy has performed so strongly, but we think that the accumulated influence of higher rates both in the market and by the Fed will begin to take a little bit of starch out of the economy.
chairman early remain showing step
The new chairman, undoubtedly, is going to be someone that the administration is comfortable with, but I think the new chairman should take the step early on of showing that they are going to remain independent-minded.
consumers financial pay positive statement willing
Even with zero-percent financing, monthly payments for SUVs are still high, ... Consumers being willing to pay that much makes a positive statement about their sense of financial well-being.
economy risk
If anything, we may be at risk for underestimating how well the economy will do this year.
fiscal inflation negative news rate rates remain trade
After all the negative news about our trade position, our fiscal problems, our currency, our inflation rate and the Fed's credit-tightening program, long-term rates remain very, very low.
economists figure puzzle surprise
It's a big surprise and another puzzle for economists to try to figure out.
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.
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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,
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.