Michael Gregory
Michael Gregory
business demand fed foreign game half likely picking solid
With business outlays solid and foreign demand picking up, this will likely keep the Fed in the tightening game through the first half of the year.
economy economy-and-economics fast fed growing inflation present question slack threat
The question for the Fed is what inflation will look like in 12 to 18 months. The U.S. economy is still growing fast enough to use up slack that's out there in the economy, and that could present an inflation threat down the road.
case certain certainly changing conduct cuba euro fine help kinds liberal might trade using
If it's the case that certain kinds of trade are not done with Cuba right now because they're in U.S. dollars, then that's fine -- changing to the euro might help that. If it's a case where using euros to conduct more liberal trade with Europe, then that's certainly of benefit, as well.
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People are infatuated with candles, they're using them more than ever,
fed further moved odds past pricing several weeks
Over the past several weeks we've moved from pricing in one further move by the Fed to odds favoring two moves.
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I think a lot of people's perceptions are still affected by the bubble years. If you take away that four-year period when the unemployment rate was lower, you have to go back some 32 years to find an unemployment rate lower than it is right now.
demand domestic economy economy-and-economics exceed fourth growth looking remains spending stock underlying
Underlying demand in the U.S. economy remains solid, irrespective of the stock market. We are looking at growth in domestic spending that will probably exceed what we had in the fourth quarter.
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Our last two fires had smoke detectors, but no batteries, ... We're praying to get the word out (about smoke alarms).
capacity commodity inflation pose prices quiet
All is not quiet on the inflation front. Commodity prices and capacity constraints still pose some inflation risks.
commodity given perfect price sort venture
I'd thought they wouldn't want to sort of venture there again, given that all is not perfect on the commodity price front,
concerned concerning course discussion fed market rate year
The market is concerned about not if, but how much over the course of the year the Fed will move. There's been a lot of discussion about more than one rate increase, which is what's concerning the markets.
bank bit canada canadian continues economic rate sector
The construction sector continues to be a contributor to Canadian economic growth, which should make the Bank of Canada feel a bit more comfortable about any forthcoming rate hikes.
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all the pieces of evidence, all the statements that have been reviewed, all the witnesses that have been spoken to.
appeal bonds both continues fear forefront issue less relationship stocks
The dollar-yen relationship is still the forefront issue in most people's minds. There's a fear for both stocks and bonds that if the depreciation continues there will be less appeal for U.S. dollar-denominated assets.