Kathleen Camilli
Kathleen Camilli
gently higher housing interest number parts rates showing starts taking toll
On a year-on-year basis, before this number was released, housing starts are down 11 percent. So you can see they've gently rolled over, showing higher interest rates are taking their toll on some parts of the housing industry.
barely economy growing growth midst percent quite
It's really amazing. Our economy is growing at over 4 percent real growth and in the midst of that we have barely any inflation. Quite unprecedented.
cheaper christmas flow imports large shows
It's a pretty big drop. It shows that we didn't have a large flow of imports and we know anecdotally that those cheaper imports, especially for the Christmas season, are coming.
bullish consuming stock
It may not be so bullish for the stock market, because we are a consuming nation.
cause consumers economic energy greater higher overall prices pull risk slowing
I think the greater risk is that higher energy prices will cause consumers to pull back, slowing overall economic growth.
premature talk
It's way too premature to talk about a recovery.
confidence consumer tied
Keep in mind, consumer confidence is tied to your job.
asia export mind orders since
Keep in mind that export orders are a big part of this and since Asia has turned, so has manufacturing turned.
events focused impact investors negative next obviously week
The events of this week make a more pronounced v-shape in the downturn. While obviously this will have a very short-term negative impact on us, investors should be focused on the next six-to-nine months.
confidence consumer likely numbers
Consumer confidence numbers will most likely plummet in September.
chairman fed trial
Every Fed chairman has been greeted with a trial by fire.
economic fact key leading market months next official recession six sometime stays stock tends track turn
The stock market could be on track for a recovery. The stock market is one of the key leading economic indicators and it tends to turn up about six months before the official end of recession. So, if in fact it stays up now, it would be signaling that the recession could be over sometime next June.