Diane Swonk
Diane Swonk
consumer feeding retailers smaller street wall wants
More and more retailers are feeding on a smaller consumer pie, and many are going away hungry, ... What Wall Street Wants from the Retail Industry.
backs critical environment flooding given hardship illegal labor markets obvious older people silly tight turning work younger
Given the obvious hardship of having illegal aliens flooding in, we also know they are critical to the functioning of the U.S. economy. To be turning our backs on people who want to work is kind of silly in an environment where you've got tight labor markets and we're getting older and need younger people to work.
boost companies competition customer innovate inward mean means order profits turn
That doesn't mean that competition is getting any less. It just means that companies have to turn inward to innovate in order to boost profits and customer satisfaction,
dealing decisions deficits fed impact permanent trying
The Fed doesn't want to be dealing with the old economy, with deficits returning. They're trying to have some impact on decisions made now without getting us into permanent problems.
deal fed focus limited productive statement trying
A limited statement would be more productive because the Fed is trying to deal with psychological issues. They want the focus to be on their action, not their words.
hand reactive reason tip
There's no reason to tip your hand because they are in a reactive phase.
move
If it was going to be one of them, you would have thought they would just move forward.
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It was an extraordinary quarter for productivity growth. Katrina was expected to lop off growth and give us a crippled and less efficient quarter. Instead, it showed how remarkably resilient the U.S. economy was both in response to the hurricanes and the energy shocks that accompanied them.
clearly fed insurance risk saying willing
I think this is clearly the Fed saying 'we're willing to take out an insurance policy, we're not willing to risk recession',
cash debt free paid
Once they get that debt paid off, it's just free cash flow.
fed walking
It's about the Fed being more communicative with the markets, ... won't just be walking into Greenspan's shoes.
bond market problems
The bond market is just overwhelmed by problems abroad,
fake late overall performance profit saw strongest
We've got the strongest overall profit performance in 30 years, and these are real profits, not the fake ones we saw in the late 1990s.
cards either house sort strong
We've got this sort of house of cards. It is either a strong house of cards or the whole thing could implode on us. It could go either way.