Elisabeth Denison
Elisabeth Denison
employment labor people question shows
A lot of it has to do with the labor market, the employment question is where it shows up. People are disenchanted with employment growth.
fed seems
The Fed seems to think that this is a one-time adjustment.
coming couple data days last market momentum rally reports tried weak
The market has tried to rally in the last couple of days on weak data and did not succeed, so with all these reports coming in, (bonds) have got a little more momentum today.
fourth quarter theme
The big theme in the fourth quarter is going to be consumption spending, that is the real driver.
consumer looking partly quarter second start strong weather
We had a strong start to the year, partly weather and consumer related, and now we're getting indications for the second quarter and they're looking moderate.