Anthony Chan
Anthony Chan
ahead fear gain labor markets monetary policy rate release report rise robust sting takes
The rise in the unemployment rate takes much of the sting away from the robust gain in payrolls from a monetary policy perspective. The big fear ahead of the release of this report was that labor markets were overheating.
employment report written
Today's employment report also has sustainability written all over it.
believe current labor market report safe strength true
I believe that it is safe to say that this report understates the true strength of current labor market conditions.
report running tells
Nothing in this report tells things are running out of control.
economic effects employment expecting gives growth higher market negative none pressure report side stronger
This report was very encouraging. It gives us stronger employment growth than the market was expecting while none of negative side effects of economic growth are present, such as higher inflationary pressure from wages.
continue continued economic economy grow increases justifying likely quarter report supports thereby view
This report supports Greenspan's rosy economic view that the economy is likely to continue to grow unabated this quarter thereby justifying continued increases in short-term rates.
adjust economy fears monetary policy prevent report soothe trying
This report should soothe the fears of monetary policy-makers who are trying to adjust policy to prevent the economy from overheating.
economy fears moving report telling toward
This report kind of confirms the market's fears that the economy is limping around on just one foot. At same time, I don't think this report is telling us we're moving toward a recession.
declare good labor market news report says strong turning
This report is good news because it says the labor market is turning the corner, but it's still not strong enough to declare victory.
certainly consistent economy economy-and-economics numbers picking report start trying volatile weak
This report is certainly consistent with an economy that is trying to make a recovery, but a weak recovery. When you start to back out the volatile components, it's not all that weak. We're picking it up, but these numbers tell us the economy will come back slowly.
creation favorable financial inflation job markets pressure quite report seeing since
This report is actually quite favorable for financial markets since we see very little inflation pressure while simultaneously seeing job creation inching up,
average avoid beyond both button fall further interest investors nail panic pushing rate remains report rise
With a fall in the yearly rise in average hourly earnings, both investors and policy-makers can avoid pushing the panic button for a little while longer. In other words, while a (May interest rate hike) remains all but assured, this report did little to nail further tightening beyond this stage.
data gain hard homes looks month percent purchases reported reveal
When one looks at the MBA data that reveal that applications for the purchases of new homes are down 7.5 percent on a year-over-year basis, it is not hard to see that the gain reported this month is not a sustainable trend.
consumer delivering extent good increase movements news rate rather report sentiment
To the extent that consumer sentiment reacts to movements in the unemployment rate rather than the meager increase in non-farm payrolls, we have to take this ... report as delivering good news to the troops.