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...
analysis based broader complex concepts conduct detail economic fairly hard monetary plan policy rigorous spoke thinking
He spoke in detail about some fairly complex issues. The broader plan is to conduct monetary policy based on rigorous economic analysis and hard thinking about the economic concepts that go into the conduct of monetary policy.
consumer continued firm housing mild recession remained spending typical
The recession has ended, ... It is pretty typical but mild recession because consumer spending remained firm and housing continued to grow.
booming bottom deficit due economic growth largely line market reason robust shifted spending stock
The reason we've shifted to deficit spending is largely due to a shift from very robust economic growth and a booming stock market into a recession. The bottom line is, I'm not particularly concerned.
circle draw effort jerusalem
There is a concentrated effort to draw Jerusalem into the circle of violence.
number touch
This number may be a touch better than expectations.
beginning contribute data economy growth holiday housing powerful retail sector seen showing stimulants various
We've seen data from various sectors showing the economy is beginning to stabilize. Not only employment, but the manufacturing sector as well. And holiday retail sales, consumption and housing look OK. So, we have all these powerful stimulants that are going to contribute to growth as 2002 unfolds.
businesses clear consumer couple gain housing pickup seen spending start
We've seen a clear pickup in consumer spending and housing and now the manufacturing sector. I'd say with a couple more months, businesses will start to gain confidence.
looks regardless
Regardless of who is president, it looks like they will not have a mandate.
capital consumer economy expect factors looking negative spending stay territory turn
Looking forward, the factors are in place for economy to rebound, ... Capital spending will stay in negative territory for a while, but I expect consumer spending to turn by the end of the year.
guess impact mind monetary policy quarter works
Keep in mind that monetary policy works with a lag, so that this shouldn't have any impact on the consumer, ... My guess is a quarter point.
drifting force growing higher increases jobs labor lingering looking month next percent rate slightly
We're looking for increases in employment, but because the labor force is growing 1 percent a year, we need 125,000 new jobs per month to stabilize the unemployment rate. We see the unemployment rate drifting slightly higher and lingering higher for the next year.
critical house listens question white
The critical question is how much the White House listens to Greenspan.
coming eventual factors point
The factors are coming into place that point to an eventual rebound.
build hire improving increasing meet production slightly
What we see is manufacturers are increasing production slightly but only enough to meet demand. They're not really comfortable enough to build inventories or hire a lot yet, but things are improving modestly.