Wayne Ayers
Wayne Ayers
confronted cut desired extended external financial global pat period rather shock stance stand time unless
I think their desired stance is to stand pat for an extended period of time rather than cut rates, unless they are confronted with an external shock to the global financial system.
couple experience given goods maintain market past terms
Firms are still pretty cautious, given the experience of the past couple of years. But if firms are going to maintain market share, they will have to be competitive in terms of the goods they offer.
convincing early expect half improvement indicate labor market neutral next numbers production risks second suspect
I suspect they will not have a neutral bias; they will indicate risks are on the downside. I think we will, on the production side, see better numbers in the second half of this year, but I don't expect any convincing improvement in the labor market before early next year.
election elections moved sidelines sit soon
They'd just as soon sit on the sidelines in an election year, but they will do what they have to do, and they have moved in other election seasons.
anytime events future plan
They're acknowledging reality. They're saying, 'We'll do what we have to do if future events warrant,' but I still don't think they plan on doing anything anytime soon.
alan cut greenspan guess inflation last point quarter rate seeing
I think (Fed Chairman) Alan Greenspan has made it all but official, we'll get another rate cut in June, but my guess is a quarter point rate cut, principally because of what we're seeing on the inflation report. The CPI and PPI have been trending up over the last two years.
across almost basis daily economy indicative number recovery seeing seen signs trade turned
We're seeing on an almost daily basis signs across all sectors that this recovery is for real, and this trade number is confirmation of that. We've seen a pick-up in imports, indicative that the economy has turned the corner.