Gary Thayer
Gary Thayer
concerned dollar factor firm foreign good hold investors line money policies stay time wanting
He's mentioning that the dollar should stay firm and that's been a good factor for our economy. He's been concerned for some time about foreign investors wanting to keep their money here and if we keep our policies in line that should hold for a while.
concerned falter fed great greenspan heard last later might numbers retail sales upset week worried
If we hadn't heard from Greenspan last week that the Fed is still worried about an uneven recovery, we might be more upset about these numbers. But Greenspan is concerned that these retail sales numbers could falter later on so these numbers probably won't have that great an impact.
concerned fed
This is probably going to keep the Fed concerned about inflation.
concerned continue fed housing interest market raise
This is probably going to keep the Fed concerned about inflation. If the housing market is still healthy, policy-makers will probably continue to raise interest rates.
concern confidence consumers dropping early employment feeling low poorly recessions response shows similar situation terrorism
It shows that consumers are feeling poorly about the economy, similar to what we've see in other recessions. Confidence is not as low as it was in the recessions of the early 1990s and early 1980s, but it is dropping in response to the worsening employment situation and the concern about the terrorism threat.
deficit drag economy economy-and-economics great help quarter revise third trade
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,
dealing economy fed feet focus gasoline high hold jobs katrina lost overlook policy prices resulting shock steady strength until
The Fed will overlook the strength in the economy before Katrina and focus more on getting the economy back on its feet and probably will hold policy steady until we see how the economy is actually dealing with the shock of lost jobs and high gasoline prices resulting from Katrina.
critical gas hitting increases looks
The increases (in gas prices) looks like it's hitting a critical level.
continued growth report showing
The (February) manufacturing report was a little better than expected, showing continued growth in manufacturing.
australian canadian changing dollar economic global measured relative signals trends values zealand
The values of the Australian dollar, the New Zealand dollar and the Canadian dollar, as measured relative to the U.S. dollar, have been important signals of changing trends in global economic activity.
cooling housing inflation looks market relatively
The housing market is cooling off, but not too much, and inflation looks relatively benign.
affecting closely confidence decline factor shows watch watching whether
Historically, when we see confidence decline, we have to watch and see if it shows up also affecting spending. We'll be watching closely to see ... whether the decline in confidence is more of a psychological factor or a real factor affecting spending.
healthy looks quite spending start third
It looks like real spending was quite healthy for the start of the third quarter.
claims economy employment strong suggesting year
Claims are still suggesting that the economy started the year with a strong employment situation.