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...
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.
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.
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.
healthy
Everything is in place for a healthy rebound.
number touch
This number may be a touch better than expectations.
demand economic economy excess healthy
There's no excess demand in the economy and it's really healthy economic expansion.
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.
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.
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.
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.
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.
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.