Lara Rhame
Lara Rhame
aggressive core gave inflation markets measure might modest point preferred pricing upside
I would point to the core PCE deflator, which gave a modest upside surprise. This is the Fed's preferred measure of inflation ... and might have markets pricing in a more aggressive Fed.
aggressive core gave inflation markets measure might modest point preferred pricing upside
I would point to the core PCE deflator, which gave a modest upside surprise, ... This is the Fed's preferred measure of inflation ... and might have markets pricing in a more aggressive Fed.
change data hikes inflation policy pricing radar rate screen time
We're not pricing in rate hikes any time soon, and today's data won't change that. Inflation is off the radar screen for policy makers.
aggressive markets measure might preferred pricing
This is the Fed's preferred measure of inflation...and might have markets pricing in a more aggressive Fed.
afford cut downside fed market markets pricing rate surprise
Market expectations have priced a rate cut in. When markets are pricing it in like that, the Fed can't afford to give a downside surprise in this environment.
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.
consumer gap hard shutting trade unless
I see the trade gap stabilizing, but it's hard to see it narrowing unless you get the U.S. consumer shutting down.
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.
ball bouncing driveway easiest event fairly garage onto roof slope sure unclear
Probably the easiest way to think about the Sept. 11 event is to think of bouncing a ball off the roof of a garage onto the driveway, ... The ball's bouncing around, and it's still unclear what the slope of the driveway is. But we can be fairly sure it's sloping up.
ball changes economy eye faster fed larger outlook state stock tries underlying
People's outlook for the economy changes much faster than the underlying state of the economy. The Fed tries to keep its eye on the larger ball and not on the ping-pong ball of the stock market.
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.
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.