Stephen Stanley
Stephen Stanley
Stephen Stanley is a Canadian singer-songwriter associated with the band The Lowest of the Low. Stanley also performs as a solo artist, sometimes in collaboration with violinist Carla MacNeil...
activity both consensus economy entering exports figures generally good imports sign slow solid strike
When both exports and imports are surging, that is generally a sign that the economy is in very good shape. These figures strike me as yet another sign that activity entering 2006 was on a solid footing, not about to slow down substantially, as the consensus believes.
track
We are still on track for a blowout quarter.
economy fed further grow longer market stronger
We think the economy will grow stronger for longer than the market and the Fed do. We look for substantial further tightening to be required.
companies cost feeds increases pass production question swallow
The question is, How much of this feeds through all the way down the production process? Do companies end up having to swallow the cost increases or can they pass it through?
economy hurricane impact question
The question now is what impact the hurricane has on the economy and for how long.
fed momentum reasons robust speaks underlying
This speaks to very robust underlying momentum in the economy, which is one of the reasons why the Fed will have to keep going.
claims clearly figures flood magnitude timing
We know that a flood of Katrina-related claims is coming. The magnitude and the timing are uncertain, but the figures will clearly be boosted sharply very soon.
oil quiet time
We're in a pretty quiet time of the year, ... We've been pretty directionless today. Oil hasn't been doing much.
oil quiet time
We're in a pretty quiet time of the year. We've been pretty directionless today. Oil hasn't been doing much.
accelerate consumer core edge fed firm inflation interest likely price raising
We still do not look for the core CPI to accelerate rapidly, but it is likely to be persistently firmer going forward. At a minimum, core consumer price inflation will be firm enough to keep the Fed on edge and raising interest rates.
bad gasoline news tobacco
There is more bad news to come in May. Gasoline will be up sharply, and tobacco will be up.
economy inventory levels low rebuild
We know from low inventory levels that they're going to have to rebuild inventories as economy strengthens,
cold continue exception hit industries ok overall recovery sector top
The overall manufacturing sector is doing OK with the exception of autos. We continue to see recovery in the industries that were hit by the hurricanes, and then on top of all that it was a cold December.
appears begun doubt factory last orders sector seen solid year
The factory sector appears to have begun the year on a solid note, no doubt bolstered by the surge in new orders seen at the end of last year.