Gary Thayer
Gary Thayer
bond cause economic fed market numbers raising seen thinking twice weak
The bond market had been thinking that the weak economic numbers that we've seen would cause the Fed to think twice about raising rates,
consistent decline fourth looks numbers quarter small
It looks like these numbers are consistent with a small decline in fourth quarter GDP,
bond couple creeping fed inflation last market maybe months moving scenario traders worry
Inflation is creeping up, but it's not out of hand. I think that's pretty important. The bond market may have discounted a worst-case scenario over the last couple of months on inflation, and now maybe traders won't have to worry about the Fed moving too fast.
growth healthy major
Growth is still at a healthy level. There is no major slowdown.
adjusting continue environment seen worst
It suggests our manufacturers are adjusting to a new environment and will continue to grow, ... I think we have (already) seen the worst for manufacturing.
cooling dropping help homes housing inventory market sales support sustained
If sales can be sustained at this level, that would help support housing construction, but inventory of new homes is still increasing. The housing market is cooling off, but not dropping sharply.
cooling data gradually home homes housing increases market moderate october price sales seeing suggesting
The October home sales data were strong, but we are seeing more moderate price increases for new homes suggesting that the housing market is gradually cooling off.
banks central expected extra financial help hopefully markets people recognize restore shows sort
It shows the world central banks recognize the financial markets could use a little extra liquidity and support, ... Hopefully it will help restore confidence. A lot of people expected we would see some sort of coordinated effort.
buying consumers
It does show consumers are in a buying mood,
continue economy economy-and-economics fed greenspan looks raise saying
But it looks like Mr. Greenspan is saying the slowdown in the economy will be short-lived and that suggests that the Fed will probably continue to raise rates.
clearly economy february good government looks march sector strong telling
They're very good numbers. It's telling us the manufacturing sector of the economy is clearly in recovery. It looks like we had not only a strong March but an even better February than the government previously estimated.
appear core costs declining energy federal fuel good inflation news passed prices reserve rising risk slightly
So core inflation is still rising slightly but doesn't appear to be a problem, and I think this is good news for the Federal Reserve . With energy prices declining it reduces the risk that fuel costs will be passed on to consumers.
decline declines leading signal since three trend
It's not really troubling. It's the first decline since September. Probably more important is the trend that's in place, which is upward. You would probably need to see three or more declines in the leading index to signal a problem.
concerned continues decline economy grows pace
If unemployment continues to decline and the economy grows at an above-average pace ... I think they (the Fed) will be a little more concerned about bottlenecks.