Lara Rhame
Lara Rhame
came coming dollar foundation greenspan last reasons setting trade
That's one of the reasons the dollar came off at the end of last week, ... and could come off even more on Wednesday, when Greenspan speaks. He could be setting the foundation for a more range-bound trade for this coming quarter.
building components furniture given housing robust stronger
You had big components down that should not be down, such as appliances, furniture and building materials. These should be stronger given the robust housing market.
business convinced leaders maintained means numbers sales strong
What this means is that business leaders are not convinced that strong sales numbers will be maintained on or at the same level.
assets attractive current declining deficit dollar foreign further less means pressure puts vicious
What the current deficit does is make the dollar vulnerable. It means we could see a vicious cycle, where a declining dollar makes U.S. assets less attractive to foreign investors, which weakens our assets further, which puts further pressure on the dollar.
tread
At this point, they have very little ammo left, and they will need to tread carefully.
consumers economic fuel growth optimistic positive
Consumers will keep us in positive territory, but they're not going to be optimistic enough to fuel economic growth to its potential.
becomes dependent driver economy gets housing key sector slowing vulnerable
As the economy gets more and more dependent on housing being the key driver of growth, the economy becomes more and more vulnerable to that sector slowing down.
behaves record seen surprise
We've never seen how this index behaves in a recovery; we've never seen it in anything but a downturn. It doesn't surprise me that we'd get record levels, now that manufacturing is recovering.
business consumer equipment increases output positive solid
This was a pretty positive number, with solid increases in output of business equipment and consumer goods.
labor seeing several slack
We are still seeing some slack in the labor market, in several different places.
average catching four holding job months percent rate recession saw sees throughout
We saw the unemployment rate actually holding throughout most of this slowdown, and only about four months ago we were at a 4.5 percent unemployment rate, ... The average recession sees a lot of job losses, so we've got a lot of catching up to do.
bear burden cries deaf euro falling wish
Europeans' cries are falling on deaf ears. Their wish that the euro not bear the burden of readjustment will not make it into the G7 statement.
bear burden cries deaf euro falling wish
Europeans' cries are falling on deaf ears, ... Their wish that the euro not bear the burden of readjustment will not make it into the G7 statement.
almost markets news people positive reaction reforms
Almost always the knee-jerk reaction in the markets to positive news on reforms is yen positive. People look at reform as being a positive thing for Japan, one day, hopefully.