Oscar Gonzalez
Oscar Gonzalez
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.
ancient certainly economy emerging federal figures inflation last might reflect reserve rising simply six suggest terms worrying
Today's figures simply reflect an economy still emerging from a recession; there's certainly nothing here to suggest inflation rising from the ashes. In terms of impact, it might as well be ancient history, especially now. The Federal Reserve is back to worrying about where inflation will be in six months, not where it was last month.
energy prices rising stopped worst
Energy prices stopped rising in July, and so did the PPI. So the worst may be over.
energy prices rising stopped worst
Energy prices stopped rising in July, and so did the PPI, ... So the worst may be over.
check crow cycle despite eating energy fears fed good hawks inflation labor markets prices rate report rising strong surprised tight
Inflation hawks may be eating crow today. Despite their fears of tight labor markets and a strong economy, inflation is only creeping, not accelerating. I don't think that this report assures that the Fed tightening cycle is over, but I wouldn't be surprised to see rising market expectations of a rate cut. With most prices in check and energy prices easing, this report is about as good as it gets.
case facing inflation rising slowing word worst
Foreboding. That's the only word for today's report. We could be facing our worst case scenario: rising inflation in a slowing economy.
crude energy front mean nobody prices record relief sees time trade
Record crude prices usually mean record trade gaps. Nobody sees relief on the energy front any time soon.
interest move percent somewhere
I would think the probability of a move (on interest rates) would be somewhere around the 40 percent range.
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.
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.
growth looking percent rate somewhere
We are looking at a growth rate somewhere in between 6.5 percent and 7 percent at this point. I think it's really going to be up there.
finally good labor markets news occasional positive surprise
We're finally getting consistently good news on the labor markets and even an occasional positive surprise like today's report.
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.
brink confidence consumer great possibly surprise
We are possibly on the brink of war, so it would have been a great surprise if consumer confidence hadn't fallen.