John Silvia
John Silvia
below care control market price rent sort york
If you're going to set a price below market price, you're going to have to have some sort of rationing. I don't care if it's gasoline, prescription drugs or rent control in New York City.
iraq negative positive war
In no way is that positive for the administration in the fall. We are going to be in Iraq at the same time. It's war and the (slowing) economy. That has to be negative for the administration.
business dismiss employment energy household impact manager plans prices prudent
But I don't think a prudent business or household manager can dismiss these energy prices today. We'll have to see what impact this all has on spending, employment plans and the rest.
allow confidence data employment federal funds increase measure provides reserve taken
Taken together, all this employment data provides the Federal Reserve with a measure of confidence to allow an increase in the funds rate,
distort hazardous hiring months patterns school summer timing weather
Summer months can be particularly hazardous for forecasters, ... The timing of the end of the school year, seasonal hiring patterns and even weather can distort the monthly figure.
decision driven fed
That's going to be driven by the decision making of the new Fed chairman.
economy move neutral
An economy in neutral has started to move forward.
employment eve markets solid
Employment markets were solid on the eve of destruction.
consumer employment far housing impact oil price spending stronger wages
Employment and wages are stronger and therefore, consumer spending is stronger. Housing is slowing, but not as much as we would have expected, and the price of oil is so far not having that big an impact on the consumer.
corporate fed good news
It's good news for the economy, it's good news for the Fed and it's good news for corporate profits,
basic bullish components continues economy forward good great move showing shows
It's a good number, and shows the economy continues to move ahead. What's great is that it's broad-based growth. All the basic components are showing forward motion, which is bullish going forward.
basic bullish components continues economy forward good great move showing shows
It's a good number, and shows the economy continues to move ahead, ... What's great is that it's broad-based growth. All the basic components are showing forward motion, which is bullish going forward.
played washington
They are all pretty well-known. They have all played in Washington circles.
fed giving labor market means next reason several sit slack tight
That means there is even more slack in the labor market than we had previously thought, giving the Fed even more reason to sit tight for the next several months.