Mark Vitner
Mark Vitner
employment improvement job market seen skilled slack starting workers
We haven't seen that much improvement in employment of hourly workers because the job market for lower-skill workers still has a lot of slack in it. But if you look at skilled workers, it's a much different picture. We're starting to see some real shortages in some sectors.
bridge case cuts gap hiring hope picks plan precarious seems tax until
We hope it will be the case that tax cuts will bridge the gap until hiring picks up, but that seems like a pretty precarious plan. But it's the only plan we've got.
continues core fed finished further goods increases likely modest price prices production relatively series signs tops until
While core finished goods are still relatively tame, there are signs that price increases are accelerating further back in the production pipeline, ... Typically the Fed continues tightening until this series tops out. But with prices up only modestly, they will likely continue to make only modest adjustments.
almost crisis disturbing paid prices reading remain solid strong virtually
Virtually all indices remain at solid levels. It's a very strong reading for manufacturing overall. The most disturbing thing is the prices paid which is almost at crisis levels.
change coming latin less people
What would change this is if we were to see an unanticipated strengthening in the U.S. dollar. We'd see less people coming from Latin America.
good income news personal report
Today's personal income report had very good news on inflation.
apartment area buildings built centers country damages extended given good reach shopping tested unusually wet worse
Given that it's going to reach such an extended area and that it will be an unusually wet storm, damages are going to be a lot worse than $1 billion. So many homes, apartment buildings and shopping centers have been built in this part of the country that haven't been tested by a big storm. Now we're going to see just how good this construction has been.
sure
I don't think it's a sure thing they'll tighten in December, even if it is now more likely.
congress impact pension reform wall
If we had an anti-business Congress that went after pension reform aggressively, it could have a devastating impact on Wall Street.
difficult fed follows leave meet rates strength unchanged
If this kind of strength follows through to other reports, it will become very difficult for the Fed to leave rates unchanged when they meet on Aug. 22nd,
added disconnect faith growing jobs reflects
I don't have any faith that 32,000 jobs added reflects what's going on. The growing disconnect between the surveys is too much to dismiss.
activity baton birmingham dallas houston lots orleans taking
Lots of the activity that had been taking place in New Orleans is now taking place in Houston or Dallas or Atlanta, Birmingham or Baton Rouge,
bring changes force line pension system work
Many of these changes are long overdue and will bring the pension system in line with today's work force.
affordable parts relative
Ocala is much more affordable relative to other parts of the state.