Lynn Reaser
Lynn Reaser
almost attention economic equal four individual months noise pay reports takes tend three trend underlying
They (investors) tend to overreact to individual economic reports which may be more statistical noise than an underlying trend which takes three to four months to develop, ... They tend to pay equal attention to almost any report that is relevant, and some are more significant than others.
areas difficult indicate numbers pockets slowing suggest time within
These numbers really indicate some pockets of weakness. It suggests manufacturers are having a difficult time in some sectors and it does suggest some areas of slowing within the economy.
bigger issue likely near
This is likely to become a much bigger issue as we near the end of the year.
address best cannot directly economy federal footing low reserve situation sound supply support
The Federal Reserve cannot address directly supply disruptions and really the best support they can give in this situation is to keep the economy on a sound footing with low inflation.
although check economy energy fed growth inflation likely rising risks solid suggest underlying upside
The Fed is likely to acknowledge some dampening in growth from rising energy costs. But it will suggest the underlying economy is solid and although inflation has been in check recently, there are upside risks going forward,
case concerns either inflation recently
It will be ugly. In any case it's only one month's number, but it could either alleviate or exacerbate inflation concerns which have recently accelerated.
change deployed expect fed funds increase rate recent tactics target
We expect the 12th consecutive increase in the target fed funds rate and really no change in the tactics deployed in recent meetings.
allow economy growth news next positive recession stimulus track
We don't think we are going to have another recession ... We think there is enough stimulus in the pipeline, enough positive news in there to allow the economy to keep on a growth track for the next year.
concern earlier economy hold issue whether
Earlier in the summer, the big concern was accounting, but the issue now is whether the economy is going to hold up,
close peak
We could very much be close to the peak at this time.
benign economy-and-economics inflation mode number shows
This number shows that inflation is in a benign mode for the U.S. economy.
economic rather reaction trend
Ascertain a trend rather than a reaction ? try not to read too much into economic numbers,
concerns corporate federal further interest performance profit raise rates reflected reserve start street wall week
The cacophony on Wall Street this week reflected concerns that the Federal Reserve may raise interest rates further and that corporate profit performance could start to dissipate.
fears last moderate oil prices worst
Oil prices are still very high, but much more moderate than the worst fears of last week.