Mark Vitner
Mark Vitner
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.
amazing fast florida gotten growing low population truly
It's truly amazing unemployment has gotten this low in Florida when the population is growing as fast as it is.
again bursting companies economy economy-and-economics finally growing market moved overall past stock tech year
Overall this year the economy moved past the bursting of the stock market bubble. Tech companies finally started growing again and that's really benefited the Triangle.
almost chance close denying economy growing hike less moved rate
The chance of a rate hike is almost nonexistent. They've never moved this close to the election, and I don't think there's any need to. There's really no denying the economy is growing less than it did in the mid-'99 to mid-2000 period.
fairly healthy home level percent sales year
When all is said and done, we should still have a fairly healthy level of new home sales this year -- probably up 4 to 5 percent for the year.
attracted greater portion
The same thing that has attracted retirees over the years is still there: the weather. You can do more things for a greater portion of the year.
coming expected gain job likely state states
The state is expected to gain 150,000 new residents this year, with two-thirds of the adults likely coming from other states for job opportunities.
awful create labor market mess tight
It would create an awful mess in Florida, where the labor market is tight by any definition.
anecdotal anywhere common common-sense core evidence inflation near
Anecdotal evidence and common sense suggests that core inflation has not been anywhere near this tame.
cause damage flood insurance lack likely recovery tend
Flood damage does not tend to be as insured. The lack of insurance is likely to cause the recovery to be delayed,
above below came gas higher huge interest knock market number prices rates relief rising sign
There was a huge sign of relief when the number came in above 100, and that's why the market rallied, ... There was a thought that the combination of rising interest rates and higher gas prices would knock it below 100.
serious view
We do not view this as anything more serious than a much-needed correction.
america corporate downside eating equivalent far growth healthier hiring means roughly stomach stronger tough
Corporate America is on the mend. The only downside of stronger productivity growth is that it means hiring is lagging. As far as downsides go, this is roughly the equivalent of eating your broccoli. It may be tough to stomach at first, but it makes you stronger and healthier in the long run.
assets boomer companies demand enormous funds insurance match pension
There's just such an enormous demand from pension funds and insurance companies to match their assets with the liabilities of the boomer generation.