Jay Bryson
Jay Bryson
account adding correct deficit fed reasons slow
The only thing that the Fed can do to correct the current- account imbalance is to slow the U.S. economy. If you are adding up reasons for why the Fed will keep on tightening, the current-account deficit is on that list.
data exports increases marked recent sharp strength surprise
The real surprise is the strength in exports. These sharp increases in computer-related exports corroborate recent U.S. industrial-production data that show marked strength in high-tech industries.
obviously people starting uncertain
People are starting to hedge bets. Obviously it's an uncertain time,
agree certainly greater month recession risk today
I would agree that the risk of recession is greater today than it was a month ago. I can certainly think of how we can get to recession.
begin dollar
When that happens, the dollar will begin to depreciate.
achilles dependence economy europe foreign heel
The Achilles heel of the U.S. economy is its dependence on foreign capital...which may be the only way that Europe can keep American unilateralism in check,
fed impact likely march taken
The March CPI data, taken in isolation, likely will have very little impact on near-term Fed policy,
headline number people underlying weaker
The headline number was weaker than what people expected. But when you look down into the underlying details, it's not as weak as what that headline number would suggest.
consistent data economy economy-and-economics struggling
The import data are consistent with an economy that is struggling to find its footing.
although cut durable easing fed feels goods last meeting orders prevent rate strong turnaround
Although durable goods orders bounced back last month, the turnaround is not strong or broad-based enough to prevent the Fed from easing at the Dec. 11 meeting if it feels that another rate cut is appropriate.
concerns higher interest jump markets raises rates reacting seeing shock
The markets are reacting to the shock of seeing a jump in import prices. It raises concerns about inflationary pressures, and higher interest rates down the road.
chinese cost goods lower means spend
The lower cost of Chinese goods means we can spend more on other goods and services.
amount billion economy fair figures momentum oil prices quarter reason third trade
The economy in the third quarter had a fair amount of momentum and oil prices were skyrocketing. You are going to see some $60 billion trade figures if for no other reason than the price of oil.