David Resler
David Resler
additional bond capacity fed gets market minds nearer noticing rate rising
The bond market is noticing that the capacity usage rate is rising with this additional production, and to some people's minds that gets us nearer to the day of Fed tightening.
booming good great growth low minimal strong wage
It's as good as it gets. You've got low inflation, minimal wage pressure, great productivity, booming growth and strong demand.
cooling early fewer loans people qualify sales signs
It's the early signs of some cooling in this super-heated market. Fewer people qualify for loans and sales at these prices.
convince month
It's going to take a lot more than one month to convince me we are in a worrisome trend.
driving habits impact lasting notion seen
There is the pessimistic notion that this is not going to go away and that's going to have a more lasting impact on driving habits and behavior, I suspect, than we've seen so far.
cut few numbers spending
It will take away from discretionary spending. It may not show up in the numbers for a few months, but it probably will cut into discretionary spending in the first part of this year.
agenda becoming chairman data fed open terms
All of this, in terms of the FOMC becoming data dependent, comes as no surprise, and the new Fed chairman has an open agenda from which to work.
against capacity china chinese consumer continues currency expand flood strong
The dollar's still strong against the Chinese currency and China continues to expand its capacity to flood the world with consumer goods.
deal great last momentum month quarter tells
The last month of the quarter tells you a great deal about how much momentum there was in spending, and it doesn't look to me like there was that much.
bad factors increase job past picture special
The job picture is as bad as it's been in the past 18 months. I don't think we can find enough special qualifying factors to give us an increase in payrolls.
central delays drag economy profits revival
It could be a drag on earnings...something that delays the revival of profits so central to the revival of the economy itself.
confidence forecast gives growth maintain momentum next pointing raise send short strong toward
It's nothing short of incredible. It's not enough to send me scurrying to raise my forecast for next year, but it's pointing toward considerable momentum going into the new year. It gives me more confidence we're going to be able to maintain strong growth in the first half.
fed hold information mean move rate
The Fed is on hold indefinitely. It doesn't mean they won't make another move this year, but there is too little information to make another rate move in September.
behavior consumer fed focused light scrutiny stock
The Fed is without question, especially in light of the behavior of the stock market, focused with laser-like scrutiny on consumer confidence.