Mark Vitner
Mark Vitner
accounting company markets pension surprising
But pension accounting is awfully complicated and it's an awfully big company, so it's not surprising the markets would get a little spooked by it.
continues defy demand doom housing quite record remains strong year
It continues to defy all the expectations of doom in the housing market. Demand for housing still remains quite strong and this year will be a record year for single-family construction.
accounts motor overall percent rebound retail rise sales vehicle
A rebound in motor vehicle sales accounts for much of December's 0.7 percent rise in overall retail sales and is also responsible for much of November's upward revision.
increase inflation meaningful numbers pick rent
If we see an increase in rent we could really see inflation numbers pick up in a meaningful way.
federal larger money response spent
The federal response has been much larger than we thought it would be, ... And the money is being spent much more quickly.
coming consumer disaster faster help hit minimize money natural relief
The relief money is coming in much faster than it has for any other natural disaster that I can remember. That should help minimize some of the hit on consumer spending,
breathing fed gives interest room
It gives the Fed a little more breathing room on interest rates, that's the most I can say.
afford billion economy-and-economics finance matter spending trillion whether work
In the end, we can work this out. It is $200 billion in spending for a $12 trillion economy, ... It's just a matter of how we finance it, not whether or not we can afford to do it.
booming correctly economy fix folks maybe roof state stick sunshine
If folks correctly see the economy is booming in Florida, they'll make their way down to the Sunshine State and take a job. Maybe they'll stick around a while and fix a roof while they're here.
earlier gas prices rise usual
I think we'll see gas prices rise earlier than usual and faster.
consumers economy-and-economics fairly holiday season worried
Consumers are fairly worried about the economy. ... I think the holiday season is going to be ho-hum,
anecdotal anywhere common common-sense core evidence inflation near
Anecdotal evidence and common sense suggests that core inflation has not been anywhere near this tame.
economy economy-and-economics florida history recall strong time
I really can't recall a time in history when the Florida economy was as strong as it is today.
improvement looks points probable rate
The improvement in the unemployment rate has been very steady, which looks very believable. It points to a probable undercount in (payroll) employment.