Gary Thayer
Gary Thayer
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It suggests the drag on the economy from the trade deficit in the third quarter will not be as great and could help revise up third-quarter GDP a bit,
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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.
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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.
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The big number is the employment number on Friday. If that number comes in weak for the third consecutive month, views on the Fed are likely to change significantly.
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The bond market liked the inflation data. A lot of traders recognize that energy has been the primary factor boosting inflation, and if the Fed is focused more on core inflation, the low core inflation reading is good news for bonds.
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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,
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These numbers show the economy is indeed in recession, and they leave the door open for the Fed to cut rates again.
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These numbers look as if there's no urgent need to raise interest rates much further.
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These numbers are slightly dated, but they show that the inventory liquidation period is over, and that (the) drag on the economy is probably behind us.
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It just looks like manufacturing in the Midwest cooled off a bit in January, but remained healthy.
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It looks like these numbers are consistent with a small decline in fourth quarter GDP,
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It looks like the economy is still quite healthy and the Fed is probably following the appropriate course. The economy doesn't need low interest rates.
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It looks like the economy is stabilizing after the hurricane-related stresses and we're heading into the holidays with an upturn in confidence that is encouraging and bodes well for the good consumer spending over the next month or so.
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It looks like real spending was quite healthy for the start of the third quarter.