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...
consumer rest spending
Other than autos, the rest of consumer spending is doing OK.
ability consumer faith full
I have full faith in the ability of the American consumer to keep spending.
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.
basically consumers gas sales
If you take out gas and cars, sales were basically flat. Consumers are getting more cautious.
bit consumer drive oil recession slow spending
Consumer spending may slow down a bit more than thought. But, it won't drive us into a recession - that would probably take oil going well over $100 a barrel.
consumers darn hearts spending
Consumers are spending their little hearts out. We are doing pretty darn good.
financing growing large seem trade trouble
We don't seem to be having any trouble financing our large and growing trade deficits.
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.
pick point
To me the point for the administration in this pick is getting this over with quickly.
good numbers run
We can't run econometric models. The numbers aren't good enough.
question
The real question is not what he does, but what he says.
bigger both expected fact lifted looking november pain revise
We had expected to see a bigger rebound. On the other hand, some of the pain is lifted by the fact that they did revise up both November and December, so things are still looking pretty good.
capacity deal spare
There is just no spare refining capacity around to deal with these losses. We don't have any cushion.
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.