Brian Bethune
Brian Bethune
bonds demand funds insurance pension reports solid underlying
There are reports of solid underlying demand for 30-year bonds from pension funds and insurance companies.
auctions debt demand needs satisfy side supply unusual
New auctions will satisfy an unusual coincidence of needs on the supply and demand side of the fixed-income debt markets.
advantage companies cost cover demand expecting pressure strong
We are expecting to see some pressure on inflation. Companies are going to take advantage of strong demand to at least cover their cost increases.
continues demand domestic energy external situation sources supply terms
There is an imbalance in terms of the demand and supply of energy which continues to be satisfied, or is increasingly satisfied, by external sources of energy products. Now we have a situation that has been every more complicated because of a domestic supply shock.
borrowing demand driven early expectation higher housing interest line towards translate ultimately
This is in line with our expectation that demand for new housing would 'cool off' towards the end of 2005 and in early 2006 as higher short-term interest rates, driven by the Fed, would ultimately translate into higher long-term borrowing rates.
bias companies demand higher intact quarter raise rates second strong toward
Demand is strong enough for companies to raise prices. This will keep the Fed's bias toward higher rates intact through the second quarter of 2006.
ahead capital cyclical demand europe expected firm gaining goods japan markets months overseas remain
Demand for capital goods in overseas markets is expected to remain firm in the months ahead as cyclical recoveries in Europe and Japan are gaining momentum.
business continued corporate generally good help leads profits rebound saw signal
We saw a big rebound in corporate profits and that's a good signal for continued business investment. That generally leads to hiring, which will help keep consumption going.
cooling federal gradual housing market news welcome
The gradual cooling off of the housing market will be welcome news at the Federal Reserve.
continued core drop energy federal inflation level months next painful pressure price record relief reserve several spells top vigilant welcome
While the record drop in the top level index spells welcome relief from the painful post-hurricane energy price spikes in September, continued pressure on the core index over the next several months will keep the Federal Reserve vigilant on the inflation watch.
looks road tells terms
What this tells us in terms of the fundamentals is the road looks fine.
activity gains job normal overall solid start terms
We'll have very solid overall job gains that will punctuate the start of more normal activity in terms of employment,
ease maybe might pain praying warm winter
Maybe we should all be praying for a warm winter because that might ease the pain.
business certainly consumer drivers four growth investment last principal
Business investment is going to be one of the principal drivers of growth in 2006. The consumer will still be there ... (but) certainly won't be as ebullient as the last four years.