Peter Kretzmer
Peter Kretzmer
chances crude fed further gradual hurt line means oil prices raising
If crude oil prices keep on rising, the chances that consumption is going to be hurt further down the line rises. That means the Fed could be more gradual in raising rates.
claims conditions continued department estimates hurricane including indicate labor market outside reports since solid
Jobless claims reports since Katrina, including Labor Department estimates of hurricane influence, indicate continued solid labor market conditions outside of hurricane-related distortion,
basis buck built continues fed move points
It assures that the Fed continues to not buck what was built into the futures contract, and will move by 25 basis points in September.
deficit finally huge trade
The huge U.S. trade deficit may finally be stabilizing.
couple instead percent reckoning subtract
My reckoning is it will subtract a couple of tenths of a percent, so we will have first-quarter GDP at 1.5 percent instead of 2.0 percent,
conclude continue main point remove sit
The main point is that when they sit down, they will conclude that what we want to do is to continue to remove the accommodative policy,
conditions consistent improving labor market
That's consistent with the idea that labor market conditions are not really improving yet. They're not getting worse, either, but they've only stabilized.