Paul Kasriel
Paul Kasriel
both control cuts economy impact major positive quite regain stock tax
If Republicans were to regain control of the Senate, the probabilities of some major tax cuts would go up quite dramatically. If those tax cuts were implemented, this would have a positive impact on both the economy and the stock market.
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If people start losing their jobs, ... it's going to be hard for them to keep current on all that debt.
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If he starts to see softness in the economy, and if in fact inflation is moderating, he will want to cut rates a little bit in order to have a soft landing.
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The yield curve has been one of the more reliable indicators of turning points, not necessarily recessions, but slowdowns in the economy.
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The new data are pointing toward a bottoming out in the manufacturing sector,
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A bursting of the housing bubble could result in a severe recession.
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It seems that what it allows you to do is ... stay in business with somewhat of an unfair advantage over your competitors, who still do have to pay their debts and pay interest on those debts.
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And rates are not likely to be adjusting downward. Households are paying about 13.75 percent of their aggregate tax income to service debt -- and it is going to go higher.
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The dollar would have fallen faster or further had there not been this massive central bank intervention. If in fact they are going to cut back on their dollar-support activities, then the dollar is going to resume its decline, and that's going to have some inflationary implications.
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It's growing rapidly, and it does suggest that we're going to see at least a temporary pickup in economic activity.
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The Fed is happy to provide all the reserves the banking system needs, ... It's told the banking system 'Ya'll lend now,' and they're doing it.
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You're going to see good profit growth over the next several quarters, but it's not going to be as strong as it's been of late. Still, it will be better than a poke in the eye.