Joseph LaVorgna
Joseph LaVorgna
adding crowd cusp everybody extended fed imminent notion oil proving thinking
It's just adding to the notion that the Fed is on the cusp of an imminent and extended pause. It's proving what everybody was thinking -- the I-told-you-so crowd -- that oil is going to weaken things.
economy economy-and-economics landing soft weak whether worried
I think it's probably them worried more just about a very weak economy than whether it's a soft landing or a recession. But the Fed, they don't really care. They just want to see the economy get back up.
economy fine labor market
The economy is doing fine and the labor market is on the mend.
figures retail sales softer
The retail sales figures were really soft, much softer than expected.