Anthony Chan
Anthony Chan
comforting component greater headline strength
It would have been a lot more comforting to see greater strength in the ex-auto component than in the headline figure.
came focusing headline investors number though
Even though the headline number came in much stronger, it isn't the number investors are going to be focusing on.
economy energy head higher hit interest prices rate seen
But what we've seen is if you hit the economy over the head enough times with higher energy prices and short-term interest rate hikes, it reacts.
cut economy evidence expect far growth headed information justify months slower
It's unreasonable to expect that the information we have so far could justify another cut right now. We need to see more evidence the economy is headed for much slower growth in the months ahead.
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We've seen a sea change in the way the financial markets and economy watchers are looking at the world, ... For many months, people thought the economy was so strong and robust, they could ignore these head winds.
dominating gain generally headline housing industrial influenced knows namely number reports retail sales starts variable volatile wide
The outsized gain in housing starts was influenced by the same variable dominating most of the other headline stats like the retail sales and industrial production, namely weather. Everyone knows that housing starts is a volatile number that generally reports wide swings.
absolutely economy fears growing headed mean
This confirms fears that the economy was growing slowly, but it doesn't absolutely mean we are headed for a double-dip recession.
headed
I think we're headed in the right direction.
components core headline number running strip telling turning volatile
The headline number is encouraging, but if you strip out the volatile components and look at core growth, it's telling you we're turning the corner, but we're not running around the corner.
headline key number
The key number was not the headline (overall CPI) number,
clear cooler heads initial jerk knee positive powerful question rally reaction strongly whether
The initial knee jerk reaction was a powerful rally in the morning. As cooler heads prevail, it's clear it's still a positive for equities, but the question is whether it is strongly positive or mildly positive.
circumstance early fed lows move moving prepared rates require seen since
What the Fed showed was that extraordinary circumstances require an extraordinary strategy. Not only are they moving rates to lows not seen since the early '60s, they're prepared to move them a lot lower.
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We will see more bad news on the employment front. We see unemployment going to 6.1 percent or 6.2 percent before it's over; no way are we going to see that coming down while we're creating so few jobs.
claims confirm fact improve notion numbers sometime
These claims numbers confirm the notion that things may improve sometime in the future. The fact that we didn't go over 400,000 was very encouraging.