Jeoff Hall
Jeoff Hall
academics basis economic either looking market next numbers points wrong
The market is looking for 50 basis points and they have it priced in. Either the market has it wrong or the academics have it wrong, but either way next week's economic numbers will be crucial.
shocks
I wouldn't say that's spectacular, but I would say it's on trend, especially considering the shocks like energy-price increases.
earlier fed funds increase looking percent perhaps previous rate respond timetable
The Fed should respond with a rate increase earlier than the previous timetable had suggested. Now we're looking at perhaps a 1-3/4 percent funds rate by the end of this year.
bonds gaining issues itself market next rate reflecting
The market is readying itself for a 50-basis-point rate increase. Shorter-term issues are reflecting that, while longer-dated bonds are gaining on expectations that next week's refunding announcement will be positive.
heady looking personal running
We're looking at undaunted consumers, with personal expenditures running at a heady clip.