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...
bigger both expected fact lifted looking november pain revise
We had expected to see a bigger rebound. On the other hand, some of the pain is lifted by the fact that they did revise up both November and December, so things are still looking pretty good.
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.
pick point
To me the point for the administration in this pick is getting this over with quickly.
easy markets might start thinking wants
I don't think he wants the markets to start thinking about the things he might change. I think he wants to take it easy at first.
certainly launch successful
This was certainly a successful launch for the 30-year bond.
expect looking market mild sort stock
We expect the stock market to have another mild gain, sort of like it did in 2005. We're looking for the market to up about 6% by the end of the year.
income lived people
You can live off your income if you lived the way people did in the 1950s.
bit federal good impact increase inflation news percent possible raise rates reserve worried
We did see a bit of acceleration in wages. We were up 0.4 percent in January. That may be good news for the workers, but it is something that is going to make the Federal Reserve a bit worried about the possible impact of inflation and may increase the probability that they're going to raise rates again.
question
The real question is not what he does, but what he says.
good numbers run
We can't run econometric models. The numbers aren't good enough.
ability consumer faith full
I have full faith in the ability of the American consumer to keep spending.
board people sensible shock stuff sure talking whether
I don't know whether he's going to have much input, but it would shock me if he didn't have some. He's talking to the people at the board who are writing this stuff and making sure that things look sensible -- something that he can live with.
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.
people virtuous works
Because they've got the employment, the people go there. It's a virtuous circle. It works in the right direction.