Lynn Reaser
Lynn Reaser
companies cost expand growth looking profits sales
Companies are looking to expand profits more now through sales growth than cost cutting.
certainly leave might moving point remove
I think they might leave it in one more time, but they are certainly moving to the point where they will need to modify or remove that language.
arguing avoid concentration foreign impact investors likely limit reached starting
He's arguing that the limit may be starting to be reached as foreign investors avoid an over concentration of their portfolios' in dollars, but that the impact would likely not be traumatic.
businesses companies consumers inflation limited overall pricing quite remains selling
Overall inflation remains quite benign. Companies selling to consumers and businesses have limited pricing power.
biting confidence consumer consumers decline large nails remains retailers seen vote whether
Retailers are biting their nails because of the large decline in consumer confidence. But it remains to be seen whether consumers will vote with their feet.
fed interest keeping knock notion options path stop suggesting trying
He is keeping his options open, but he also is suggesting that we may not see a straight-line path for interest rates. I think he is trying to knock down the notion that the Fed could come to a stop and that the story will end there.
believe changes companies economy embrace statistics
Statistics do lag changes in the economy. I believe we will be migrating to one economy that will be a new economy as many companies that have been around for years embrace some of the newer technology.
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,
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.
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.
economy firing good growth oil pose prices quarter risk second track
The economy was pretty much firing on all cylinders, and the second quarter showed us still on a good growth track ... but oil prices pose a risk to growth and inflation.
almost continuing economy economy-and-economics firing resilience seen time
The economy was firing on almost all cylinders. It is continuing to show the resilience we've seen time and time again.