Rosanne Cahn
Rosanne Cahn
buy certainly customers edge inflation interest overseas problem raise rates reason risk takes
It certainly takes the edge off the possibility of them doing something soon. There is no reason to raise U.S. interest rates without an inflation problem and risk some of the customers for some of the overseas economies. They need us to buy their goods.
fairly high higher historical influence interest rates starting stock volatile
It's still fairly high by historical standards. There's starting to be some influence of higher interest rates and the more volatile stock market, but not much influence yet.
earn environment handsome power pricing
But what is even more astonishing is that corporations can live in an environment with little pricing power and still earn very handsome profits.
awareness fact fed ordering
The Fed has some awareness of the fact there's a flurry of Y2K ordering going on.
declining deflation evidence fact means prices though
Though there are some prices that are declining, in fact deflation means most prices are declining and there's very little evidence that is happening.
areas indeed strength weakness
Those areas of strength are indeed offsetting those areas of weakness as was evidenced in the manufacturing sector.
although fact inflation people somewhat surprise
The fact that there is no inflation is not as much of a surprise to people although it is somewhat of a surprise.