Greg Valliere
Greg Valliere
bad clearly economy expecting good jason labor markets number people secretary sending signal underlying wonder
Things aren't as bad as Jason (Furman) said but they're not as good as the labor secretary said, ... The markets clearly were expecting a better number than 96,000. You've got to wonder ... are corporations sending us a signal that the underlying economy is not as good as people thought?
clear clue fed might prepared statement
The wording of the statement will be very significant ? does it make it clear that the Fed is prepared to do more. It will be an important clue about what we might get going forward.
comparable delay markets perceive talking temporary
This is not comparable to 2000. If we were talking 3,000 or 4,000 votes, it'd be a big story. But I think the markets will perceive this as a temporary delay of the inevitable.
chance further negative proposals prospects stay trade
Are there any real protectionist proposals that have chance of enactment? No. The most negative thing I would say is that the prospects for further trade liberalization are not great, but what we've got in place will stay in place.
markets quick viewing
Right now the markets are viewing this as if it's going to be quick and painless.
bands dollar europe exchange fed gold officials price robert travel wedding
If they exchange gold wedding bands (the) price of gold will go up. If they travel to Europe on their honeymoon, the dollar will strengthen. If (Treasury Secretary) Robert Rubin and other administration officials are there, the Fed won't tighten again.
air consumers country election
If this election uncertainty drags on that long, you've got to think the air of uncertainty in the country will infect consumers and consumer spending.
hill hurt seemed
O'Neill's gaffs have hurt him. There aren't a lot of Republicans on the Hill who like him. But he seemed to have the president's confidence.
against budget departure impediment stimulus worried
O'Neill's departure removes an impediment for a big stimulus package, ... He had been lobbying against a package, worried about a budget deficit.
bush company favor next opposes problems record saying sort state until wait washington
Bush said in the state of Washington, right before the Washington primary, that he had problems with the suit. He indicated he didn't necessarily favor a breakup. The next day he sort of retracted the comments, but he is on record as saying that he really opposes a breakup. So, I think the company would like to wait until after the election.
bush economic few free issues next pass virtually
Bush is going to get a post-election free pass on virtually all economic issues for the next few months.
open season view
Right now, it's open season on him. Most Republicans view him as a liability.
best conclusion job selling snow tough wall
My take is that they know they've got a tough selling job ahead, ... I think they have to sell it (the policies) to Wall Street, to the capital, and to the public. The administration's conclusion is that Snow isn't the best salesperson for the job.
positions seems street taxes trade wall
On one hand, he seems more palatable to Wall Street than Dean, in that his positions on trade and taxes are more moderate.