William Sullivan
William Sullivan
activity bottom environment fed labor line market message rate remains suggest
The bottom line message is that the labor market activity remains robust, and that's not the environment that would suggest a need for a Fed rate cut.
easier prices push
makes it a little easier to push prices around.
benign consumers context declining doubt energy food good level news performance retail wash wholesale
The benign performance at the wholesale level may not necessarily wash through at the retail level. But there is no doubt that there is good news for U.S. consumers in the context of declining food and energy prices.
deck either grabbed heard hit noise pulled seconds sudden telling three ticket
I heard like a 'pop-pop noise and all of a sudden about three seconds later, the ticket counters were telling us to either hit the deck or they grabbed us and pulled us into the back room.
economy rapid setting though
Clearly, we're experiencing an inflation-free setting even though the economy is experiencing rapid growth.
coming economy healing process quickly suggested
The index suggested that the healing process in the economy is coming on much more quickly than envisioned.
fund incredible led position testimony volatility
It was an incredible session, a testimony to nothing else other than volatility led by hedge- fund position activity.
domestic number report slow trying until uphill wait
They may wait until after their second-quarter (gross domestic product) report comes out because if the number is strong, trying to slow down the yen will be an uphill battle.
accounting
It's impressive, but it's probably technical. We still have these accounting questions.
greenspan obstacles recovery slow suggesting swift
Greenspan is suggesting that the recovery is going to be slow and that there are obstacles to a swift rebound.
alan approach backed capitol criticism fed few greenspan hill last less political recent saw senate talked
The Fed has more or less backed away from this pre-emptive approach that they talked so much about in recent months. In fact, the Senate could say that Alan Greenspan & Co. caved in to the political criticism on Capitol Hill that we saw emanate over the last few weeks,
funds grips
We are also in the grips of liquidations by hedge funds and a lot of dealers don't want to see big exposures,
diminished economy evidence knew pressures price statistics
We knew the economy slowed down, and there was evidence from some of the monthly price statistics that inflationary pressures diminished during the period.
glow inflation month negative
We're basking in the glow of negative inflation in the month of November.