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 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.
baby boomers data despite gained gains ground held low market rapidly rate returns saving showing signs start stock strong three virtually weaker
The data show that Americans are ill-prepared for retirement, and gained virtually no ground over these three years. The low saving rate and weaker returns in the stock market held back wealth, despite strong gains in housing. With the baby boomers rapidly approaching retirement, we need to start saving fast, and are showing no signs of doing so.
continuing gains rich top wealth
This is the continuing story of the rich getting richer. Clearly, the gains in wealth are going to the top end.
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.
quarter second shaping stronger
The second quarter is shaping up to be stronger than expected.
energy fast oil prices question wild
Energy is the big wild card. We just don't know where prices will be. It will be a question of how fast oil refineries and oil pipelines comes back.
chrysler ford imported might parts
Even a Chrysler has some imported parts in it and because these Toyotas are a little more expensive, Ford might be charging more.
afford energy money people prices spend worried
People see energy prices going up and they get a little worried about what they can afford to spend money on.
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.
common consumers despite gas money says shown spending stop
Common sense says consumers have to stop spending money at some point. But consumers haven't shown much common sense lately, despite griping about gas prices.
financing growing large seem trade trouble
We don't seem to be having any trouble financing our large and growing trade deficits.
carrying continue expect federal funds growth inflation march rate rise send
We continue to expect two more rate hikes, on March 28 and May 10, carrying the federal funds rate to 5 percent. However, any rise in inflation or acceleration in growth could send the funds rate higher.
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.
happens initial nobody shock
We've got to see what happens in October. There was an initial shock after the attack. Nobody was doing anything.