Robert MacIntosh
Robert MacIntosh
Sir Robert Reynolds Macintoshwas a New Zealand-born anaesthetist. He was the first professor of anaesthetics outside the United States...
adding issue talking
We're not talking about adding 300,000 jobs, which is what you get when things are really going well; we're still a long way from that. I don't think it's an issue at all from an inflationary standpoint.
couple likely telling
I think this is telling you that they are going to do at least another (rate hike), and then likely a couple more after that.
fiscal monetary policy problem stimulus
Japan's big problem was that fiscal stimulus was not there. They haven't coordinated monetary policy with fiscal policy. That's what we're doing differently, and that's why we won't have the same problem.
based increases odds
Based on this statement, it increases the odds of another increase. I would have had it at 25 percent, but now it's 65-70 percent.
based increases odds
Based on this statement, it increases the odds of another increase.
couple job labor market quarter quarters second situation starts takes turn typical
We will get well into the second quarter before the job situation really starts to improve, ... That's typical of recoveries; it takes a couple of quarters before the labor market starts to turn around.
guess hearing worried worries
I've been hearing worries about it for years, but I guess I'm not worried yet,
closer creation effect fed housing next slow wealth
This is what the Fed wants, they want housing to slow -- that is the place where they can most effect wealth creation and spending. The Fed is that much closer to being done. I think they are done after next week.
bonds fed good helps inflation lack less likely low maybe news overall people power pricing raise stocks
This is very good news from an inflation standpoint. I think it helps bonds because low inflation is good for bonds. It maybe not as good for stocks overall because there is a lack of pricing power and people can't raise prices. It will make the Fed less likely to raise rates.
acceptable bond cash earnings equity far flows investors normal
Banks, bond investors and equity investors will ratchet down their idea of what's normal and acceptable as far as earnings and cash flows go,
deal game plan
We need a game plan to deal with Iran.
filled soon spots
I would like to see the spots filled as soon as possible.
delays due faith focus personal
I don't put a lot of faith in the PPI these days, with the delays due to calculation problems. You need to really focus on the CPI and personal consumption.
economic inflation issue looking low percent stay typical
Inflation is not an issue right now. We're looking for inflation to be between 1 and 1-1/2 percent this year. It's typical that you see inflation come down and stay low for a while after you have had an economic slowdown.