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...
best bottom clear continues growth job line previous
The bottom line is that, excluding the hurricane, to the best that we can tell, job growth continues to be good, as was made clear by the upward revisions to the previous two months.
consumer continue continues economy good momentum numbers spending surprise
Consumer spending numbers continue to be very good and manufacturing continues to surprise to the upside, which all suggests the economy has a lot of momentum right now.
bond continues further glass half market minutes provided
The FOMC minutes provided further affirmation to a bond market that continues to see the glass as half full.
businesses cash confident consumer continues economy improving labor
The economy has a lot of momentum. The consumer continues to do well because of the improving labor market, and businesses have a lot of cash and are getting more confident about deploying it.
continue fed hike measured pace rates
Barring an abrupt weakening in the economy, the Fed will continue to hike rates at a measured pace for the foreseeable future.
advancing both cash households jobs labor market means nice plenty support wages
The labor market is very healthy, with both jobs and wages advancing at a nice clip. This means that households will have plenty of cash to support consumption in 2006.
advancing clearly economy funds nicely rate slow view
The economy is clearly advancing nicely right now and it will in our view take more than a 5% funds rate to slow it down.
focused investors market next number oil retail sales until
I think the next really big number for the market is next Friday's retail sales figures. Up until Friday, investors are going to be focused on oil prices, the earnings, and to an extent, the election.
employment key market next number stock
The employment number will be the key for the stock market next week.
fed happy inflation revised
It is never a happy day for the Fed when GDP is revised down and inflation is revised up.
bubble building burst housing immense leave legacy point relation soon thinking top touched yesterday
He's thinking about legacy building at this point and the one thing he doesn't want to do is leave at the top of an immense bubble and have it burst soon after he leaves. He kind of touched on it yesterday in relation to the housing market.
demise greatly housing reports
Clearly, reports of the housing market's demise have been greatly exaggerated.
beyond comments either expect fed foggy greenspan monetary next people policy question reaction terms three
In terms of monetary policy right now, most people expect the Fed to tighten during the next two or three meetings, but it's foggy beyond that. Greenspan didn't really say much to clarify, either in his comments or in the question period. He was appropriately non-committal, and so there's been little reaction from stocks.
bond certainly close federal hikes interest rate reserve stocks
The idea that the Federal Reserve is close to being done with interest rate hikes has certainly benefited the bond market, and stocks have benefited as well.