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...
cool guess june question
My guess is things will cool abruptly; the question is do they do it by June 29.
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.
core inflation leaking rate
It's not leaking into the core inflation rate as it did back in the 1970s.
certainly launch successful
This was certainly a successful launch for the 30-year bond.
good numbers run
We can't run econometric models. The numbers aren't good enough.
carrying continue expect federal funds growth inflation march rate rise send
We continue to expect two more rate hikes, on March 28 and May 10, carrying the federal funds rate to 5 percent. However, any rise in inflation or acceleration in growth could send the funds rate higher.
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.
financing growing large seem trade trouble
We don't seem to be having any trouble financing our large and growing trade deficits.
pick point
To me the point for the administration in this pick is getting this over with quickly.
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.
income lived people
You can live off your income if you lived the way people did in the 1950s.
continue expecting oil prices
We're expecting oil prices to continue to come down. They're now about $60. We expect to be down around $50 by the end of the year.
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.
coming gains historical settling standards strong
Usually coming out of a recession, you get a real spurt in productivity, which we got, but now things are settling down to what by historical standards are still very strong gains in productivity.