Joshua Feinman
Joshua Feinman
Joshua "Josh" Feinmanis an American film and television actor with appearances in Men of Honor, Transformers, and Mr. Woodcock...
fiscal hesitant likely push
The administration is likely to push for more fiscal stimulus, and this makes it a little more clear-cut, because O'Neill had been hesitant about that.
along bit continued early economy ended further gulf happen persian process similar though took war work
It's a little bit analogous to the early 1990s, in that, when the Persian Gulf War ended then, the economy did not come storming back -- it took a while because it continued to work off its problems. Something similar could happen this time, though the economy is a little further along now in its process of unwinding than it was then.
arm billion bit boost change cut disposable felt income might personal shot spring tax
The personal income tax cut could be a boost of $50 billion to disposable income, and some of that could be felt when they actually change the tax withholding schedule, which could be in the spring or summer. Then there might be a little bit of rebate check, too. All of this might be a little more of short-term shot in the arm than the dividend tax cut.
capital companies future hiring including investment outlook pace pick reasons sure variety
Companies have the wherewithal to pick up the pace of hiring and capital investment again, but I'm not sure they have the desire, for a variety of reasons -- including their outlook on future demand.
below labor market row three weeks
I think it's encouraging that three weeks in a row we've been below 400,000. I think it suggests the labor market may be strengthening a little bit.
continues cuts economy economy-and-economics inflation likely lower move slack suppose wrong
If the economy roars back, you can always take the cuts back. But suppose you're wrong on the other side, and the economy continues to languish? With the slack already in the markets, inflation is likely to move lower still.
average best clearer few gives past report resist temptation waiting weight
We've been waiting for something like this for a long time. But we need to resist the temptation to put too much weight on any one month's report -- probably the best thing to do is to average out the past few months; that gives a clearer picture.
anticipate hard numbers payroll point simply strength stronger suggesting whether
Some of the other indicators are suggesting more strength than we see in payrolls. Whether that will be rectified with revisions, or simply with stronger numbers going forward, it's hard to say -- but I would anticipate that, at some point the payroll numbers, will be stronger.
economy katrina raise sound storm
Before the storm struck, (the Fed) thought the economy was on sound footing, ... I don't think that's changed. The only thing Katrina may have done is raise some uncertainty about the near-term outlook.
bit improve labor starting
The labor market's starting to improve a bit -- it's not great, but it's getting better.
convey economy less looking message moving notion rates time
They will convey more or less the same message -- that the economy is looking better, but nothing that would convey the notion that they're going to be moving rates any time soon.
labor market numbers rate worse
These numbers were worse than expected. But overall, the labor market is still deteriorating, but not at the rate it was after Sept. 11.
highest possible pricing rates
If firms need pricing power, they should be clamoring for the highest possible rates of inflation. Firms don't have pricing power, but they can still make money, and a lot of it.
demand economy-and-economics production responding saw third
This is more corroboration that the economy, particularly the production side, is responding to the pick-up in demand we saw in the third quarter.