Kevin Flanagan
Kevin Flanagan
bad case criminal extremely looks
Right now, we don't think any of this was done with any criminal intent. However, it looks to be a case of extremely bad practices.
far fed numbers pause risks trying
The Fed may pause even if the risks aren't balanced. He is trying to tell you that we will still pause even if the numbers come in as they have so far this year.
anytime fed selling
Anytime the Fed moves, you're going to get a knee-jerk selling reaction.
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.
continue
We continue to see difficulties for the nation's factories,
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.
dollar good hit problems seeing
We're seeing problems in dollar-yen, but I don't have a good explanation why the dollar is getting hit so hard.