Richard Jerram
![Richard Jerram](/assets/img/authors/unknown.jpg)
Richard Jerram
bail economy financial measures point taken turning worked
It has always worked in the past. It's always been a turning point in the economy when measures have been taken to bail out the financial system.
cycle fairly improved job market measure offer ratio reliable second sign starting
It's a sign that the cycle is starting to turn. The job offer ratio improved for the second month, and that's usually a fairly reliable measure of market conditions.
exports felt industrial seem signs
Exports seem to be stalling and there are some signs this is already being felt by industrial production,
domestic employment figures help output picking trends
It's very encouraging in these figures to see that employment is picking up. That's going to help domestic output and domestic incomes. The trends are all very positive.
feeding gradually price production rises
Price rises are gradually feeding down the production chain.
broad domestic economy finally late seen signs since time
The economy has finally crawled out of its 1990s misery. This is the first time since the late 1980s that I've seen signs of a broad domestic revival.
direction hope shift speed
The hope now is that there is a shift in the direction and speed of reform.
basis economic employment faster growth improvement looking looks wages
I'm looking for faster growth on the basis that the improvement in employment and wages is going to continue, ... It looks as if just about everything that could go right is going right with the economic outlook.
coming condition economy election help house lower november party previous time
The economy is in much better condition than at the time of the previous lower house election in November 2003 ... This should help Koizumi's party in the coming vote.
coming figured mistake nasty policy quite rather six suggest weeks worrying
It's really rather worrying that six weeks into the job, he still hasn't figured out the difference. It does suggest there's quite a nasty policy mistake coming our way and quite a nasty recession.
economic reform tough
He doesn't really have an economic reform policy. He's not really about to get tough in the economic sphere,
invested number rather relationships
The number of shareholders who have invested in returns, rather than relationships, has increased.
middle stage worse
The stage is set for things to at least not get worse from the middle of 2002,
domestic drive revival start steadily
We see the domestic revival as steadily broadening out and in the end that should start to drive production.