Bernard Baumohl
Bernard Baumohl
coming finances greatest household last recession since stress weeks
The stress on household finances in coming weeks will be the greatest since the last recession in 2001,
creating industry tech
The tech industry is creating its own shakeout,
appreciate effect equity estate home households housing increases less pressure prices rapidly shrinks wealth
Housing prices in many communities will appreciate less rapidly --- and in some communities actually fall. This reduces the wealth effect from real estate assets, shrinks home equity borrowing, and increases pressure on households to replenish their savings.
certainly economy snapshot sweet
If you take a snapshot of the economy right now, you could certainly say that we're in a sweet spot.
economy labor latest markets news particular sign slowing stocks weight
This is the latest sign that the economy is slowing down, and because these are labor numbers, they're going to have particular weight with the Fed. This is the kind of news that could take some of the uncertainty out of the markets and get stocks going up again.
deficit economy fairly falling oil peaked prices safe showing signs slowing trade
It's fairly safe to say that the trade deficit may have peaked now that oil prices are falling and the U.S. economy is showing signs of slowing down.
consumer hikes lead rate round severe wonder
One has to wonder if another round of rate hikes will lead to a more severe cutback in consumer spending.
batch consumer economic latest news paint picture
The latest batch of economic news does not paint a very encouraging picture on the sustainability of consumer spending.
course damage economy fed force giving interest later policy rate reverse year
A miscalculation in interest rate policy could damage the economy and force the Fed to reverse course later in the year by giving back one or two rate hikes.
economy generating good jobs plenty
The economy is generating plenty of jobs -- that's good news.
account cannot continue current deficit house ticking time white
The current account deficit is a ticking time bomb. We don't know when it s going to explode, but it cannot continue the way the White House describes.
bank central economic expansion feeding resources seems worried
The central bank seems more worried than before that resources feeding the U.S. economic expansion are getting scarce.