Gerald Cohen
Gerald Cohen
Gerald Allan "Jerry" Cohen, FBAwas a Marxist political philosopher who held the positions of Quain Professor of Jurisprudence, University College London and Chichele Professor of Social and Political Theory, All Souls College, Oxford. Born into a communist family in Montreal, Cohen was educated at McGill University, Canadaand the University of Oxfordwhere he studied under Isaiah Berlin and Gilbert Ryle...
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We're seeing slow but steady improvement in the job market.
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I think the Fed is on hold tomorrow and for the foreseeable future. We've actually been proponents of the view for quite a while that the economy was going to moderate, and it was important for the Fed to be patient. And one of the dangers was if the Fed kept raising rates, that they would slow the economy a lot more than they would want. So we think that there are enough signs of moderation that the Fed will remain on hold, and we think that signs of moderation will continue. So we think the Fed will be on hold through the end of this year and into early next year.
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Unlike traditional application integration vendors and the pure-play BI players, Information Builders has a history of offering an integrated approach to business intelligence and is the only vendor to take an incremental approach to integration. As more and more enterprises are faced with linking critical business applications such as BI, CRM and ERP, the ability to leverage these existing investments will make for more effective application output fit for business use.
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Wouldn't it be nice to see a repeat of that?
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Part of the program may include relief for states ... so the drag may not be as large from the state side. You definitely will see some drag from the states, offsetting the stimulus from the federal side, but it won't be enough to totally offset the federal side.
cause fed raise rates
That could cause the Fed to raise rates faster.
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While the equity market and accounting issues and corporate scandals are weighing on the economy, it is still fundamentally sound. The recovery process hasn't been derailed. We still think the economy is going to grow at about a 3.5-percent pace in the second half -- fast enough to keep the Fed from easing, but not fast enough to cause them to tighten this year.
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These numbers give you pause. The ISM and the fact that jobless claims continue to rise suggest there continues to be job loss.
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The core is up 0.3 percent over the last year, and so there really is no inflation, ... In the first year of recoveries, consumer price inflation tends to fall as it did in the past 40 years. We believe inflation should not be an issue for the foreseeable future.
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What group often combines a keen sense of humor with bad taste? ... College students.
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The reason it has never surfaced - are you sitting down? - is because it doesn't exist!
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A self-sustaining recovery depends on job growth. And I think we will get some going forward.
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No two periods are ever identical, and we don't expect cars to sprout fins, but we do think that there's a good chance that many of the favorable economic trends of the 1950s will re-emerge in the years immediately ahead.
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We believe earnings momentum should turn strongly positive by the second quarter, but earnings gains in 2002 are unlikely to come close to reversing the collapse in 2001.