Anthony Crescenzi
Anthony Crescenzi
accurate align fed hopefully inflation itself needs strong trend unless view
The Fed needs to align itself with the inflation expectations of the market, unless it has a strong -- and hopefully accurate -- view about how the inflation trend is evolving.
bear extreme foundation lacks market marks pessimism rally strong treasury
The Treasury market rally may be a bear trap. The rally lacks a strong foundation as well as the extreme pessimism that marks the end of sell-offs.
bear extreme foundation lacks market marks pessimism rally strong treasury
The Treasury market rally may be a bear trap, ... The rally lacks a strong foundation as well as the extreme pessimism that marks the end of sell-offs.
excess growth pointing report strong
The report is universally strong and is pointing to growth in excess of Greenspan's objectives.
both corporate depends stocks strong success time trade whose
It's time to trade out of investments whose success depends on a strong economy... for both stocks and corporate bonds.
expect strong trend
I think this is just a hiccup in a very strong trend that we expect to continue.
economic economy enters further giving grow growth hence holiday investors job looking might momentum optimistic prospects raising seen strong toward
Looking out even further toward the end of the year, investors might grow optimistic about the end-of-year economic situation, as 2004's strong job growth could be seen as raising the prospects for holiday spending, hence giving the economy momentum as it enters 2005,
barrel billion change consumer economy enormous gain impact influence oil per prices year
Each one-dollar change in oil prices has a $7 billion per year impact on consumer spending. So the gain in oil prices recently, from $25 a barrel to $37, is an enormous influence on the economy -- $84 billion, in other words.
bond expects fall hard market people stock trading
The bond market expects the stock market to fall very hard ... people are trading scared.
basis bonds gotten rally
The basis for a rally in bonds has gotten smaller.
except extent
not really much of a factor, except to the extent it's delaying the impeachment proceeding.
news
Again, another whipsaw day, ... What big news did we get today? ... Nothing.
basis both cut discount fed percent points rate
The Fed will probably cut the both the Fed-Funds rate and the discount rate by 25 basis points tomorrow, to 5.25 percent and 4.75 percent, respectively.
additional causing create drop economy fed further higher hold interest pose raising rates remains risk stimulus vigor
The Fed will look at a cross-section of data, which still show that enough vigor in the economy remains to pose a risk for higher inflation, ... If the Fed were to hold off on raising rates on Tuesday, they would create additional stimulus for the economy by causing a further drop in other interest rates.