Gary Thayer
Gary Thayer
banks central expected extra financial help hopefully markets people recognize restore shows sort
It shows the world central banks recognize the financial markets could use a little extra liquidity and support, ... Hopefully it will help restore confidence. A lot of people expected we would see some sort of coordinated effort.
concern confidence consumers dropping early employment feeling low poorly recessions response shows similar situation terrorism
It shows that consumers are feeling poorly about the economy, similar to what we've see in other recessions. Confidence is not as low as it was in the recessions of the early 1990s and early 1980s, but it is dropping in response to the worsening employment situation and the concern about the terrorism threat.
business economy good healthy shows side spending
It still shows a pretty healthy economy at this point. The manufacturing side of things and business spending will be good this year.
good job positive seeing shows strong
We're still seeing a strong economy, ... shows that we still have very good job creation. I think it's very encouraging and a positive thing for American business.
affecting closely confidence decline factor shows watch watching whether
Historically, when we see confidence decline, we have to watch and see if it shows up also affecting spending. We'll be watching closely to see ... whether the decline in confidence is more of a psychological factor or a real factor affecting spending.
claims companies continuing economy feeling hanging labor market number shows strong
The lower-than-expected number of new jobless claims shows that the labor market is continuing to improve. It suggests that the economy is strong and that companies are feeling more comfortable about hanging on to workers.
claims drop economy good heading job labor market momentum recovered shows strength year
The jobless claims drop shows good strength in the labor market at the end of the year. It shows that the economy has recovered after the hurricanes and is heading into the new year with good momentum and good job prospects.
bond couple creeping fed inflation last market maybe months moving scenario traders worry
Inflation is creeping up, but it's not out of hand. I think that's pretty important. The bond market may have discounted a worst-case scenario over the last couple of months on inflation, and now maybe traders won't have to worry about the Fed moving too fast.
becoming beginning businesses component employment good increased last quite reading robust seen several willing
It's still a good reading overall, but not quite as robust as we've seen in the last several months. The encouraging thing is that the employment component increased again. We are beginning to see businesses becoming a little more willing to hire.
create gets good news problems situation sort
It's sort of a good news-bad news situation though, because if it gets out of hand, it can create other problems for the economy.
change employment fed likely number third views weak
The big number is the employment number on Friday. If that number comes in weak for the third consecutive month, views on the Fed are likely to change significantly.
bond core energy factor fed focused good inflation liked low market news primary reading recognize traders
The bond market liked the inflation data. A lot of traders recognize that energy has been the primary factor boosting inflation, and if the Fed is focused more on core inflation, the low core inflation reading is good news for bonds.
bond cause economic fed market numbers raising seen thinking twice weak
The bond market had been thinking that the weak economic numbers that we've seen would cause the Fed to think twice about raising rates,
cut door economy fed indeed leave numbers open rates
These numbers show the economy is indeed in recession, and they leave the door open for the Fed to cut rates again.