Mike Cloherty
Mike Cloherty
claims durable front weakness
That weakness on the claims front is offsetting the durable impact.
auction concerned people smoothly
People are concerned about how smoothly today's auction will go.
hard shocked
I'm shocked by the Fed's move. It's hard for me to say it all makes sense.
force market number pushing quarter third
That ex-auto number is really what's been pushing the market back today. That could force some more upward revisions to the third quarter GDP forecast.
That will be a big double-whammy, the one-two on Friday. It's not the day to take off work.
definitely extremely held payroll rate stuff
Yeah, the rate held steady, but all the payroll stuff is extremely weak. To have 357,000 down and 108,000 down back to back is definitely a concern.
energy next push tobacco type
We'll get a big upward push from tobacco and from energy prices, and we'll see the same type of things when the CPI comes out next Tuesday.
close fed increase
If we get anything close to the 1.4 (percent) increase in the first-quarter, that will put the Fed back into play.
looking signs
With signs of things looking a little better, those expectations have diminished.
changed fact force hug investors order statement themselves warm
Even if they give you a warm hug while they do it, just the fact that they intentionally changed the statement in order to give themselves more flexibility would force investors to respond.
comparing deflation japan people starting talking
Everyone's talking about the Fed's deflation paper. You're starting to see a lot of people talk about Japan and comparing it to here.
assume flow information people results
People assume that because the flow of information is faster, the results will be faster.
communication confusing extremely few given issue methods past talk work
They've given all this extremely confusing talk about unconventional methods over the past few months. There's substantial work to be done on the whole communication issue over there.
attention number pay supposed
This is a number you're not supposed to pay attention to in the summer.