Drew Matus
Drew Matus
basically confidence consumer cut ensure expecting markets mention numbers spending
We're expecting him to mention consumer confidence numbers and consumer spending numbers and to come out and say we need to ensure that consumer confidence is bolstered. We're expecting him to come out and basically let the markets know to expect a cut in March.
beginning concern core expressed happen hear increases inflation last percent year
We're right where they want us to be -- between 2 and 2.5 percent increases in the core CPI. But last year there was more inflation than they were anticipating at the beginning of the year, and the concern you hear being expressed is that they don't want that to happen again.
closely comments speeches watched whose
His speeches are well thought out. After Greenspan, he's the one whose comments are most closely watched by the markets.
bonds bought breathing few people relief sigh
People are breathing a sigh of relief and bought a few bonds and stocks. Everyone plays, everyone wins.
economists margins oil picking prices risk squeeze
The risk is that there's something that economists aren't picking up. As oil prices go higher, firms see margins compress and that could put a squeeze on hiring.
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If we get more inflationary data, that could bring people back to their senses. Just because the Fed talks about inflation in a benign way one meeting doesn't mean that feeling will be pervasive at the next meeting.
factory fourth great months orders quarter report shows time
The factory orders report shows that the first two months of the fourth quarter were not especially a great time for manufacturers.