Kevin Flanagan
Kevin Flanagan
curve expensive fed front seems
The front end of the curve seems to be on the expensive side. You have a Fed that is not yet done tightening.
anybody far growth looking notice visible
Nevertheless, fourth-quarter growth was far more than anybody was looking for, and it is something that's going to keep the (Federal Reserve) on notice that growth is eclipsing their expectations by a visible amount.
bond market sell
You would think the bond market would sell off.
last move noticed share taken week
The lion's share of those bookings have been taken off the sheets, ... It's only after Fed's move last week that we've noticed this improvement?
family people picked whose
These were probably people whose family never picked up the ashes.
gathering issue sure understand
We understand that ASR is a gathering of the tribe, and we wanted to make sure the issue was covered.
again argument building consider data fed keeps perhaps pressures price reveal showing toes
While perhaps showing some retrenchment in manufacturing activity, the data nevertheless reveal that there are price pressures perhaps building in the pipeline. I think right now it keeps the Fed on their toes and does not dissuade at all the argument that they will consider tightening again in May.
early far launching police
We will be cooperating with the police in any way that we can. And as far as launching a concurrent investigation, I really don't know at this point. It is really too early to say.
argue continue continues fed figure point
We continue to see difficulties for the nation's factories. This is a figure that continues to argue for the Fed to (cut a half-percentage point Tuesday).
captured commodity continue core energy filtering higher inflation measure months year yield
We're 11 months through the year and any measure of core inflation hasn't captured a filtering down of higher commodity or energy prices. That's why we continue to see the 10-year yield under 4.5 percent.
confidence front negative report somewhat
Today's confidence report going up is somewhat negative for the front end.
huge industry
Unfortunately we dont have enough industry in Toowoomba (to warrant the huge cost),
era shrinking yields
Those (low) yields are not sustainable even in an era of if shrinking supply.
current rise
We still think the fundamentals will come back and rise from current levels.