Maureen Allyn
Maureen Allyn
beginning
At least it's a beginning... They'll do more if they need to.
dramatic evidence gradual people
It's not a dramatic fallout, and I don't see any evidence of panic. It's much more of a gradual adjustment; people have to diversify a little more. It just slows things down a little bit.
demand people sheer stuff wanting
It was just the sheer demand of people wanting stuff and the demand of supplying it.
exporting good rest shape tough
The rest of the world is not in good shape and exporting to them is a tough slog.
dollar earnings goods impacts imported power pricing raise strong takes
A strong dollar takes away companies' pricing power because imported goods come in a lot cheaper, and it impacts earnings because they can't raise prices.
flat
This is still very flat inflation. We do not have an inflationary worry.
economy economy-and-economics hit
Realistically, they've done a lot already. The economy may be sleepy, but you don't need to hit it with everything you've got.
adding credit half mother per private sector trillion
Private sector credit from 1999 through the first half of 2001 was adding $1.2 trillion per year. It was the mother of all credit expansions.
claims difference grow hearing stable starting upside worst
There's a difference between being stable and starting to grow again. I think that's what we're hearing from companies, too - the worst may be over, but we really don't see the upside coming, and that's what these jobless claims suggest.
economy economy-and-economics fix sudden
You really don't want to do any sudden moves. The economy is doing really well. Why fix it? It doesn't need fixing.