Dana Johnson
Dana Johnson
Dana Johnsonis an American writer and Associate Professor at the University of Southern California. Honors include the Flannery O'Connor Award for Short Fiction, and being named a nominee for the Hurston/Wright Legacy Award. Her writing has appeared in Callaloo, The Iowa Review, and elsewhere...
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To me, the one-two punch of the breakthrough of health care issues (with GM and the UAW) and this makes me feel better about the economy overall,
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It had little trains and teddy bears on it, ... It was cute.
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People are awfully comfortable with the outlook for stable Fed (policy), so bonds trade with the stock market.
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I think Michigan would like nothing more than to see GM emerge as a leaner and more profitable company,
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It is exciting just to be able to say you actually saw an Olympic medal up close, even touch it.
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Knowing what I know right now, I think the Fed will probably tighten again,
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The affordability of light vehicles has been quite stable over the past ten quarters. Family incomes have been rising faster than vehicle prices, but higher interest rates have increased the cost of financing a new car.
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What we're spending our time debating is whether the Fed goes a quarter point or a half point.
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I expected our index to tick lower in March, as the effects from the Super Bowl and mild winter weather faded. Looking ahead, our index probably will settle into a lower range, as the local economy struggles to overcome restructuring in the auto sector, higher interest rates, and elevated gasoline prices.
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I don't think one 50 basis point move (by the Fed) is likely to be enough. It's going to be very hard for the stock market to move ahead. Profit margins are not going to be expanding. There's going to be nothing to offset the higher interest rates.
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I guess I'm not surprised the unions are unhappy with the adjustments they are being asked to make, and I am not surprised they banded together to try to get a better deal,
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With many investors drifting away early for the Thanksgiving holiday and with the fixed income markets scheduled to close early on Wednesday, the clear potential is for some erratic price action in illiquid markets,
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To me, he was waiting for permission, ... It was okay. To see him not with the tubes and wires all over him. Just to know he's not suffering.
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This report does not add to the case that there's a visible slowing in the economy. It keeps (the Fed) directly on path to tighten in May and leaves the debate on whether they will tighten in June certain to be a very lively one.