Oscar Gonzalez
Oscar Gonzalez
continue economic economy expect fact improve jobs rest suggest
Jobs are a lagging indicator, and other economic indicators suggest the economy is in fact on the mend. We still expect it will continue to improve through the rest of the year.
confident economic economy fed latest quite react releases sign
The latest economic releases are just another sign that the economy is quite sick. I am quite confident the Fed will react aggressively.
act both business confidence consumer deeper fed further greenspan rate remains sooner street timing wall
I think the Fed will act aggressively. The timing remains to be seen, but both Main Street and Wall Street are pleading for further rate cuts, so I think Greenspan will respond. The sooner and deeper a rate cut, the sooner consumer and business confidence should improve.
additional benefit businesses cause corporate costs critical cutting delay further lean rising sluggish
Rising benefit costs are cutting into already lean corporate profits. This may cause businesses to further delay additional hiring, which is critical to boosting the sluggish economy.
energy prices rising stopped worst
Energy prices stopped rising in July, and so did the PPI, ... So the worst may be over.
consumers deter ease fears fed market rates report several showing signs tame
The report isn't so tame as to deter the Fed from bumping rates another notch, especially with Y2K fears dissipating and consumers showing no signs of fatigue. However, it should ease market fears that the Fed will need to tighten several more times.
energy prices rising stopped worst
Energy prices stopped rising in July, and so did the PPI. So the worst may be over.
control data err fed inflation keeping price recent side whether worry
I don't think recent price data suggests that inflation is dead. The Fed has to worry about whether or not it is keeping inflation under control and it would probably like to err on the side of caution.
aggressive along becomes clearer consumers fed investors longer
The longer we go along this path, the clearer it becomes that the Fed may have to jolt consumers and investors with a more aggressive policy,
energy given prices push supply taking
Given the tightness of supply and demand, it isn't taking much to push energy prices sharply higher.
building dismiss figures growing pace pressures prices prove remains risks sudden trend
The trend is now clear. Inflationary pressures are building and prices are rising; only the pace remains at issue. September's figures may prove to be just a spike, but we can't dismiss the growing risks of a sudden acceleration in inflation.
alert fed future high numbers though
Even though the numbers are soothing, the Fed still is on high alert for a future flare-up in prices,
against confidence consumer decrease downside improvement improving including increase jobs protection slump solid spending suggest sustained
While improving consumer confidence probably suggests downside protection against a slump in spending, it does not suggest we will see spending take off. We still need a sustained improvement in the jobs market, including a significant decrease in unemployment with a solid increase in real wages.
allow alone begin businesses earnings reach until
Until businesses feel a real need for more hands-until productivity alone won't allow them to reach their earnings goals-they won't begin hiring.