Joshua Feinman
Joshua Feinman
Joshua "Josh" Feinmanis an American film and television actor with appearances in Men of Honor, Transformers, and Mr. Woodcock...
bit head inflation last leave market mean people plenty sentence stuck themselves trying
They are a bit more sanguine about inflation than the market has been, and they've been trying to tell people that. It doesn't mean they have their head stuck in the sand. With the last sentence of their statement, they leave themselves plenty of flexibility.
capital companies future hiring including investment outlook pace pick reasons sure variety
Companies have the wherewithal to pick up the pace of hiring and capital investment again, but I'm not sure they have the desire, for a variety of reasons -- including their outlook on future demand.
economy katrina raise sound storm
Before the storm struck, (the Fed) thought the economy was on sound footing, ... I don't think that's changed. The only thing Katrina may have done is raise some uncertainty about the near-term outlook.
highest possible pricing rates
If firms need pricing power, they should be clamoring for the highest possible rates of inflation. Firms don't have pricing power, but they can still make money, and a lot of it.
hit rates reasonable speaks took
That just speaks to what a big hit manufacturing took and how long a way we have to claw back to reasonable rates of utilization.
along bit continued early economy ended further gulf happen persian process similar though took war work
It's a little bit analogous to the early 1990s, in that, when the Persian Gulf War ended then, the economy did not come storming back -- it took a while because it continued to work off its problems. Something similar could happen this time, though the economy is a little further along now in its process of unwinding than it was then.
fiscal hesitant likely push
The administration is likely to push for more fiscal stimulus, and this makes it a little more clear-cut, because O'Neill had been hesitant about that.
convey economy less looking message moving notion rates time
They will convey more or less the same message -- that the economy is looking better, but nothing that would convey the notion that they're going to be moving rates any time soon.
labor market numbers rate worse
These numbers were worse than expected. But overall, the labor market is still deteriorating, but not at the rate it was after Sept. 11.
demand economy-and-economics production responding saw third
This is more corroboration that the economy, particularly the production side, is responding to the pick-up in demand we saw in the third quarter.
below labor market row three weeks
I think it's encouraging that three weeks in a row we've been below 400,000. I think it suggests the labor market may be strengthening a little bit.
accounts meaningful sector swings
It's still meaningful -- it's a sector that accounts for a lot of swings in activity.
bit improve labor starting
The labor market's starting to improve a bit -- it's not great, but it's getting better.
cut demand impact longer power purchasing stays
It's already been working to dampen demand and cut into purchasing power. The longer it stays here, the longer that impact will last.