Kathleen Camilli
Kathleen Camilli
cheaper christmas flow imports large shows
It's a pretty big drop. It shows that we didn't have a large flow of imports and we know anecdotally that those cheaper imports, especially for the Christmas season, are coming.
economic fact key leading market months next official recession six sometime stays stock tends track turn
The stock market could be on track for a recovery. The stock market is one of the key leading economic indicators and it tends to turn up about six months before the official end of recession. So, if in fact it stays up now, it would be signaling that the recession could be over sometime next June.
bit fact high higher interest late levels likely perspective reflection
Put in perspective, these levels are as high as they were in the late 1960s, so the fact that we've come off a little bit is most likely the reflection of anticipation of higher interest rates.
chairman fed trial
Every Fed chairman has been greeted with a trial by fire.
confidence consumer likely numbers
Consumer confidence numbers will most likely plummet in September.
premature talk
It's way too premature to talk about a recovery.
bullish consuming stock
It may not be so bullish for the stock market, because we are a consuming nation.
bond continue higher imply move yield
This does imply we'll see higher CPI inflation. The bond yield will move up as long we continue to see greater-than-expected data.
cause consumers economic energy greater higher overall prices pull risk slowing
I think the greater risk is that higher energy prices will cause consumers to pull back, slowing overall economic growth.
bank caution central direction fed holding left side tight time
I think the Fed is erring on the side of caution, as a central bank should. That's why they left the direction in place. It could be this time they're holding tight too long. We'll know that only in hindsight, as unfortunate as that is.
asia export mind orders since
Keep in mind that export orders are a big part of this and since Asia has turned, so has manufacturing turned.
confidence consumer tied
Keep in mind, consumer confidence is tied to your job.
course financial global inflation markets obviously
He is obviously establishing his credentials as an inflation hawk, which is of course what the global financial markets want to hear.
barely economy growing growth midst percent quite
It's really amazing. Our economy is growing at over 4 percent real growth and in the midst of that we have barely any inflation. Quite unprecedented.