Maureen Allyn
Maureen Allyn
employers hire job pay people reluctant
Employers are reluctant to hire people who can't do the job they want and they're reluctant to pay more.
throws
This may be what throws us into recession.
economy economy-and-economics fix sudden
You really don't want to do any sudden moves. The economy is doing really well. Why fix it? It doesn't need fixing.
flat
This is still very flat inflation. We do not have an inflationary worry.
companies costs keeping learn power pricing
Companies have to learn to live with keeping their costs down. They're not going to get pricing power not in our lifetime, I'm afraid. The world is just much too competitive.
apply caution headlines increasing job losses signs simply society wondering
What we're getting are increasing signs of caution on the part of consumer. You simply can't be in this society and read all the headlines about job losses going on without wondering if this is going to apply to you sometime.
bit bond concerned data fed growing market second
We're growing vigorously, and I think that the bond market is right to be a little bit concerned about this. It's not the data we've gotten, but the data we didn't get. We didn't get a slowdown in the second quarter. That, I think, is going to make the Fed very nervous.
believe revolution
I really do believe this technological revolution qualifies as a big one that is going to have a long-lasting impact.
corporate currency desire dollar faith government greenspan hill holding money turn wants
I have never thought that what a government wants its currency to do makes a hill of difference. What's holding the dollar up is a desire to put money here and a faith in Greenspan and Corporate America. That's all psychology, and it can turn on a dime.
layoffs
I have to think there will be more layoffs in the pipeline.
august gave jobs report street wall
The August jobs report gave Wall Street just what it wanted.
demand people sheer stuff wanting
It was just the sheer demand of people wanting stuff and the demand of supplying it.
exporting good rest shape tough
The rest of the world is not in good shape and exporting to them is a tough slog.
bit boost closer edge estimate everybody fairly fed fourth quarter sitting string strong
This is kind of capping a string of fairly strong numbers, and I'm even going to have to boost my estimate of fourth quarter GDP up closer to 3 percent. We know the Fed is sitting on the edge of its seat. It's going to make everybody a bit nervous.