Maureen Allyn
Maureen Allyn
cleaned economy large moving stock struggle though until
That's all got to be cleaned up. The stock market's going to struggle until that happens, and the economy at large will feel like it's moving through molasses, even though it will be moving forward.
beginning
At least it's a beginning... They'll do more if they need to.
dollar earnings goods impacts imported power pricing raise strong takes
A strong dollar takes away companies' pricing power because imported goods come in a lot cheaper, and it impacts earnings because they can't raise prices.
calm chance
I think that's got to be a better-than-even chance at this point. We know from their discussions that they were very, very nervous. This isn't going to calm them down any.
cue cut everybody good gotten markets quarter
I think they'll cut a quarter point, like everybody else in the market. The markets have gotten a pretty good read on what's going on, and I take my cue from them.
created gm jobs last lay people
If you can lay off all those people at GM and still have 66,000 new jobs created last month, that's really pretty strong.
ahead economy fast fed fragile happy inflation position sets slow stuff sure worried
The Fed is very happy to see this kind of stabilization, but they're going to be worried about inflation and credit. Honestly, I think the Fed understands how fragile a position the economy is in because when you slow down this fast it sets a lot of stuff in motion. They want to get ahead of that and make sure it doesn't get worse.
dramatic evidence gradual people
It's not a dramatic fallout, and I don't see any evidence of panic. It's much more of a gradual adjustment; people have to diversify a little more. It just slows things down a little bit.
bad concerned front inflation markets months nervous
I am really concerned that one of these months we are going to get a bad inflation number. I think the markets have to be very nervous in front of these inflation numbers.
companies gotten
I think companies have gotten a little behind.