Mickey Levy
Mickey Levy
Mickey Levyis an Israeli politician who serves as a member of the Knesset for Yesh Atid. He served as Deputy Minister of Finance between 2013 and 2014. Before entering politics, he was a police officer...
capital consumer economy expect factors looking negative spending stay territory turn
Looking forward, the factors are in place for economy to rebound, ... Capital spending will stay in negative territory for a while, but I expect consumer spending to turn by the end of the year.
consumer continued firm housing mild recession remained spending typical
The recession has ended, ... It is pretty typical but mild recession because consumer spending remained firm and housing continued to grow.
booming bottom deficit due economic growth largely line market reason robust shifted spending stock
The reason we've shifted to deficit spending is largely due to a shift from very robust economic growth and a booming stock market into a recession. The bottom line is, I'm not particularly concerned.
business consumer couple driven false months past spending
After a couple of false starts, the past couple of months does have the feel of a more traditional recovery, driven by consumer spending and housing. The follow-through is the business response.
businesses clear consumer couple gain housing pickup seen spending start
We've seen a clear pickup in consumer spending and housing and now the manufacturing sector. I'd say with a couple more months, businesses will start to gain confidence.
added consumer found interested people provide respond sentiment spend spending survey upset value
I'm more interested in how people spend than how they respond to surveys. I've found that the consumer sentiment survey really doesn't provide much value added in forecasting consumer spending patterns. I'm not too upset about the decline.
appears consumer easing growing helped interest rates somewhat spending
Consumer spending is growing only modestly. So, it appears the easing of interest rates has helped the consumer only somewhat ... not a lot.
looks regardless
Regardless of who is president, it looks like they will not have a mandate.
guess impact mind monetary policy quarter works
Keep in mind that monetary policy works with a lag, so that this shouldn't have any impact on the consumer, ... My guess is a quarter point.
critical house listens question white
The critical question is how much the White House listens to Greenspan.
build hire improving increasing meet production slightly
What we see is manufacturers are increasing production slightly but only enough to meet demand. They're not really comfortable enough to build inventories or hire a lot yet, but things are improving modestly.
drifting force growing higher increases jobs labor lingering looking month next percent rate slightly
We're looking for increases in employment, but because the labor force is growing 1 percent a year, we need 125,000 new jobs per month to stabilize the unemployment rate. We see the unemployment rate drifting slightly higher and lingering higher for the next year.
circle draw effort jerusalem
There is a concentrated effort to draw Jerusalem into the circle of violence.
demand economic economy excess healthy
There's no excess demand in the economy and it's really healthy economic expansion.