Mickey Levy
Mickey Levy
Mickey Levyis an Israeli politician who serves as a member of the Knesset for Yesh Atid. He served as Deputy Minister of Finance between 2013 and 2014. Before entering politics, he was a police officer...
economy fed growing hold pressure reasons tough wage
The Fed is going to have a tough call. The economy is growing fast, but there is no wage pressure ... There are as many reasons for why (rates) should be on hold as why they should be tightened.
added consumer found interested people provide respond sentiment spend spending survey upset value
I'm more interested in how people spend than how they respond to surveys. I've found that the consumer sentiment survey really doesn't provide much value added in forecasting consumer spending patterns. I'm not too upset about the decline.
combine costs economic fourth gain gains generate hours increase keeping labor leaving modest modestly output quarter rise robust solid tight unit worked
The robust gain in economic output in the fourth quarter will combine with only a modest rise in hours worked to generate another spectacular increase in productivity for the quarter. Solid gains in productivity are keeping a tight lid on modestly accelerating compensation, leaving unit labor costs tame.
appears consumer easing growing helped interest rates somewhat spending
Consumer spending is growing only modestly. So, it appears the easing of interest rates has helped the consumer only somewhat ... not a lot.
employment follow labor market pickup production reports seen translate
Production and employment always follow demand, and we've seen a pickup in demand. I think this will translate into a better labor market in May or June. I know the employment reports have been disappointing lately, but be patient.
healthy
Everything is in place for a healthy rebound.
demand economic economy excess healthy
There's no excess demand in the economy and it's really healthy economic expansion.
business consumer couple driven false months past spending
After a couple of false starts, the past couple of months does have the feel of a more traditional recovery, driven by consumer spending and housing. The follow-through is the business response.
clearly companies continues costs economy fed hold labor operate pace remain rest tight
The economy continues to operate at a pace that is non-inflationary -- companies are able to keep their costs down, even with tight labor markets. What it clearly indicates is that the Fed will probably remain on hold through the rest of the year.
bottom employment few looking next percent sector
The employment sector is looking like it's stabilizing. It will probably bottom out at 6.0 percent in the next few months.
although degree job likely newspaper overseas phenomenon taking
Although a heightened degree of overseas job outsourcing is probably taking place, the phenomenon is likely exaggerated by newspaper headlines,