David Resler
David Resler
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.
increase
One of these days, we're going to see an increase in non-farm payrolls for the manufacturing sector.
exactly inflation performance report several terrific
I think we can look to several more months, if not years, of this kind of performance. This is a terrific inflation report - exactly the kind of thing we all like to see.
anxiety balance capital given global individual integrated liquid mean nature trade
In today's integrated global economy, given the liquid nature of capital flows, an individual trade balance doesn't mean so much. A lot of the anxiety is overblown.
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.
generally housing november pace sales speaking wonder
Generally speaking the November sales pace makes one wonder what is going on with housing starts.
income numbers people planning
People are still planning to spend, and today's income numbers tell us that they have the wherewithal to do so.
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.
employment holidays job large market swings time
Very large swings in seasonal employment during and after the holidays typify the job market at this time of the year.
continue displaced employment extra few growth job likely months people
We're going to get some extra employment growth as people displaced by the hurricanes find their way back into the job market, and that's likely to continue in the first few months of this year.
economy-and-economics fed gets might moves psychology view
There is a view out there -- and this gets more into psychology than economics, that if Fed moves 50 (basis points) now, it might be all they need to do.