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...
coming financial hikes markets problem rate struggling
I think they are struggling with how to let markets know the rate hikes are coming to an end. The problem is that anything they say will get over-interpreted by financial markets.
afford coming greenspan increases interest meeting rate term wants
Greenspan is coming to the end of his term and he really wants to get the interest rate increases done before he leaves. He may feel he can't afford to take a meeting off.
coming gains historical settling standards strong
Usually coming out of a recession, you get a real spurt in productivity, which we got, but now things are settling down to what by historical standards are still very strong gains in productivity.
avoid buying christmas coming hit move taking
I don't see how we can avoid taking a hit and it will be coming right as we move into the Christmas buying season.
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.