David Wyss
David Wyss
David Wyss is an American economist. As New York-based Standard & Poor's chief economist, Wyss was responsible for S & P's economic forecasts and publications. He also coauthored the monthly Equity Insight and the weekly Financial Notes. He was on the board of the National Association for Business Economics, Washington, D.C...
ability consumer faith full
I have full faith in the ability of the American consumer to keep spending.
disaster raise raising rates recover sending trying wrong
Politically, I wouldn't raise rates on the 20th. Raising rates when you are trying to recover from a disaster like this is sending the wrong message.
cool guess june question
My guess is things will cool abruptly; the question is do they do it by June 29.
people virtuous works
Because they've got the employment, the people go there. It's a virtuous circle. It works in the right direction.
certainly launch successful
This was certainly a successful launch for the 30-year bond.
pick point
To me the point for the administration in this pick is getting this over with quickly.
income lived people
You can live off your income if you lived the way people did in the 1950s.
good numbers run
We can't run econometric models. The numbers aren't good enough.
demand higher oil people prices pushed rather supply time
When oil prices are pushed higher by demand rather than supply shortfall, people have time to adjust. We just keep on trucking.
question
The real question is not what he does, but what he says.
colder definitely gas mild natural normal winter
Natural gas is definitely a problem. If we have a mild to normal winter, we are OK. But if we have a colder winter than normal, we just don't have enough natural gas.
core inflation leaking rate
It's not leaking into the core inflation rate as it did back in the 1970s.
paying people
It's the '90s all over again. New technology, it's exciting, people think it's going to the sky, and people are paying accordingly.
bit consumer drive oil recession slow spending
Consumer spending may slow down a bit more than thought. But, it won't drive us into a recession - that would probably take oil going well over $100 a barrel.