David Wyss
David Wyss
David Wyss is an American economist. As New York-based Standard & Poor's chief economist, Wyss was responsible for S & P's economic forecasts and publications. He also coauthored the monthly Equity Insight and the weekly Financial Notes. He was on the board of the National Association for Business Economics, Washington, D.C...
fourth looking optimistic percent quarter top
We're now looking at a 3 percent first quarter on top of that 1.4 percent fourth quarter. We've been the optimists, and I haven't been optimistic enough.
happens initial nobody shock
We've got to see what happens in October. There was an initial shock after the attack. Nobody was doing anything.
people virtuous works
Because they've got the employment, the people go there. It's a virtuous circle. It works in the right direction.
ability consumer faith full
I have full faith in the ability of the American consumer to keep spending.
board people sensible shock stuff sure talking whether
I don't know whether he's going to have much input, but it would shock me if he didn't have some. He's talking to the people at the board who are writing this stuff and making sure that things look sensible -- something that he can live with.
afford coming greenspan increases interest meeting rate term wants
Greenspan is coming to the end of his term and he really wants to get the interest rate increases done before he leaves. He may feel he can't afford to take a meeting off.
avoiding control fed greenspan inflation kept major successful tenure tight
Greenspan has had the most successful tenure in Fed history. He kept inflation under very tight control while avoiding any major recessions.
certainly launch successful
This was certainly a successful launch for the 30-year bond.
expect looking market mild sort stock
We expect the stock market to have another mild gain, sort of like it did in 2005. We're looking for the market to up about 6% by the end of the year.
income lived people
You can live off your income if you lived the way people did in the 1950s.
bit federal good impact increase inflation news percent possible raise rates reserve worried
We did see a bit of acceleration in wages. We were up 0.4 percent in January. That may be good news for the workers, but it is something that is going to make the Federal Reserve a bit worried about the possible impact of inflation and may increase the probability that they're going to raise rates again.
common consumers despite gas money says shown spending stop
Common sense says consumers have to stop spending money at some point. But consumers haven't shown much common sense lately, despite griping about gas prices.
demand higher oil people prices pushed rather supply time
When oil prices are pushed higher by demand rather than supply shortfall, people have time to adjust. We just keep on trucking.
cool guess june question
My guess is things will cool abruptly; the question is do they do it by June 29.