Ken Goldstein
Ken Goldstein
Ken Goldstein, also known as Kene G and Jack Dempsey, born June 1969, is an American film and television writer, producer, director and occasional actor. He is a co-founder of Planet illogica and CEO of The Six Shooter Company and the author of the book series, The Way of the Nerd. Goldstein is an active speaker at conferences and festivals, universities and private and public institutions. He has been a featured and Keynote speaker in Brazil, Australia, France and Germany...
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The spike in energy prices is another major factor changing the direction of the economy, worsened by a decline in confidence by both consumers and chief executives.
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High and potentially rising energy prices are one consideration in this outlook. Rising costs and questions about whether they will be matched by price hikes are also a factor in how fast the economy grows this spring.
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There are a lot of factors here, but more than anything else, we haven't had a full jobs recovery, and the consumer is waiting for that. These numbers reflect they're kind of running out of patience.
business consumers factor picking rather run sales start
If all we've had is consumption, not business investment, there could be a self-fulfilling factor here, ... If consumers run out of patience, they start trimming sales a bit, and the economy, rather than picking up, may weaken a bit. Then the consumer says, 'See, I told you it was going to happen.'
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In all of the data, the road is up, but we're going to hit a couple of speed bumps along the way. I'm not sure the Michigan index is reflecting anything more serious than one of those speed bumps.
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The biggest risk to the ongoing expansion, which in June will be in its record 111th month, remains the interest-rate increases at hand and the prospect of still more action by the Federal Reserve Board, ... The data suggest that some sectors may be beginning to respond to Fed tightening.
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The balance will eventually change, but these numbers suggest the caution businesses have been showing is warranted. They also say we might be waiting until early 2004 before we see much stronger business investment.
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This is confirming the idea that, while the stock market's not in good shape, the overall economy's not in bad shape; it's nowhere near going into a double dip.
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The Fed will act sooner rather than later, more rather than less,
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The labor market remains on a high plateau that has prevailed in the last year and a half.
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The labor market picture remains a bit cloudy. There are some bright spots where the job market may be picking up, but it's by no means a clear picture.
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The labor market may finally be hitting bottom. While layoffs remain large, they are no longer intensifying. Job advertising volume has stopped declining, although it remains at very low levels.
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The labor market indicators turned a little more positive this summer.
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The labor market indicators reflect a loss of economic momentum, even eliminating the impact of the storms and flooding.