Richard Gilhooly
Richard Gilhooly
april decent estimate form growing increase modest number perhaps personal quarter retail sales second somewhat stronger taken together track
The retail sales, when taken in combination, April and May together, are somewhat stronger than expected. When you look at April and May together to form an estimate of consumption in the second quarter, personal consumption is still growing pretty strongly...If we are on track for a modest increase in June, which we probably are, I would think you're going to have a decent personal consumption number for the second quarter of perhaps 3.0 percent.
confirm either greenspan jobs theory view
Greenspan will need to either confirm the 'patient' theory or ratchet up his view on jobs and the economy.
certainty front market obviously offers relative safety yields
The front end of the market obviously offers safety and relative certainty that yields are going lower.
carefully following future meeting sign statement
The statement following the meeting will be carefully scrutinized for any sign of future plans.
ahead curve further likely next supply
Further flattening in the curve is likely ahead of two-year supply next week.
backup failed far market perhaps room
With the market having failed to penetrate 3.65 percent, there is room for a backup into the 3.80's, perhaps as far as 3.90.