Sherry Cooper
Sherry Cooper
Sherry S. Cooperis a Canadian-American economist. Cooper is currently Chief Economist for Dominion Lending Centres. She was Executive Vice-President and Chief Economist of BMO Financial Group, with responsibilities for economic forecasting and risk assessment. She comments regularly in the press on financial issues...
activity becoming beginning bite evident higher housing impact interest pushed rates result sign start weakness
It is becoming more evident that higher interest rates are beginning to take a bite out of the red-hot housing market, ... While today's housing start result exaggerated weakness in the sector, it is yet another sign that the impact of higher rates has pushed housing activity off its peak.
benefits consumers continue feeling good higher income jobs propel record reflect showing signs slowing spending
U.S. consumers are feeling the benefits of higher incomes and are spending more to reflect their good moods, ... Buoyed by record confidence, income growth, and a super-tight jobs market, the consumer is showing no signs of slowing and should continue to propel the U.S. economy.
ahead core due easing fed financial growth markets possible reluctant signal stock
Financial markets want the Fed to signal possible easing ahead due to the growth slowdown and stock market declines, ... However, the Fed will be reluctant to do that while CPI core is still accelerating.
anxiety cast causing confidence doubt economic horizon main realistic sign street wall weakness
There is no realistic sign of economic weakness on the horizon and wiggles on Wall Street are, evidently, not causing much anxiety on Main Street. The confidence surveys cast doubt on the slowdown view.
appear concern fallout financial growing growth investors markets natural occur robust sign view
Investors appear to view the growing shortfall as a natural by-product of robust U.S. growth and not a sign of flagging competitiveness, ... The concern for financial markets is that if this view ever changes, the fallout would occur rapidly.
dip good hope looking maybe pick production sign stage
The big dip in inventories is a good sign if we are looking for a glimmer of hope here. Maybe we are at a stage where production can pick up again.
dilemma fed financial growth inflation might outlook problem signs slower underlying
The Fed might have been in a dilemma if signs of slower growth were coupled with signs of a wage/price spiral. However, that is emphatically not the case. The underlying inflation outlook is not a problem for the Fed or the financial markets.
either fear fed few impending inflation markets reason signs slowing
The Fed and the markets will see few signs of slowing in these figures, but little reason to fear an impending inflation acceleration either ,
clearly results trend underlying
January's results were clearly exaggerated, but the underlying trend is still surprisingly healthy.
consumer despite equity evidence growing hanging market oil prices viewed
Overall, this can be viewed as more evidence that the consumer is hanging in well despite the run-up in oil prices and growing equity market volatility.
commodity hike prices rate scales tips
Right now, the acceleration in commodity prices tips the scales for a 16th and a 17th rate hike by the Fed.
assessment diminish dual following hikes inflation looking market meeting open passing rate recall risk
Recall the Fed's assessment following the (Federal Open Market Committee) meeting on Aug. 24, that the dual summertime rate hikes 'should markedly diminish the risk of inflation going forward,' ... This call is looking more tenuous with every passing day.
indeed proving
June's swoon is indeed proving to be temporary.
affects certainly effect far half happening job market psychology starts
It certainly affects psychology, but if the job market starts growing, that effect is far more important to psychology than something that's happening half a world away.