Oscar Gonzalez
Oscar Gonzalez
along begin business consumers continue economy falter few fuel gear higher later next shift spending sustain worry
Consumers will continue to spend, and that will keep the economy chugging along for the next few months. But without some help, I worry that consumers could begin to falter later in the year. We need more business spending to fuel the economy's shift into a higher gear and sustain the recovery.
albeit continued drowning economy january kept leading
Consumers, who have kept the economy from drowning during this recession, continued to spend, albeit cautiously, in January and may be leading the way to recovery.
energy prices rising stopped worst
Energy prices stopped rising in July, and so did the PPI. So the worst may be over.
energy prices rising stopped worst
Energy prices stopped rising in July, and so did the PPI, ... So the worst may be over.
alert fed future high numbers though
Even though the numbers are soothing, the Fed still is on high alert for a future flare-up in prices,
consumers deter ease fears fed market rates report several showing signs tame
The report isn't so tame as to deter the Fed from bumping rates another notch, especially with Y2K fears dissipating and consumers showing no signs of fatigue. However, it should ease market fears that the Fed will need to tighten several more times.
case facing inflation rising slowing word worst
Foreboding. That's the only word for today's report. We could be facing our worst case scenario: rising inflation in a slowing economy.
anytime canyon expectation gap reasonable trade
The trade gap is a canyon and I see no reasonable expectation of it narrowing anytime soon.
building dismiss figures growing pace pressures prices prove remains risks sudden trend
The trend is now clear. Inflationary pressures are building and prices are rising; only the pace remains at issue. September's figures may prove to be just a spike, but we can't dismiss the growing risks of a sudden acceleration in inflation.
collapse housing news piece point stopping sudden table unexpected unless
Stopping at this point is off the table unless there is some unexpected piece of news like a sudden collapse in the housing market.
continue door easing economy expect fed open pressures since
Since the economy is softening, I expect inflationary pressures to subside. The door is still open for the Fed to continue easing rates, as necessary.
growth looking percent rate somewhere
We are looking at a growth rate somewhere in between 6.5 percent and 7 percent at this point. I think it's really going to be up there.
albeit direction further good improvement news signs
The good news is that we're moving, albeit slowly, in the right direction and there are signs of further improvement on the horizon,
against confidence consumer decrease downside improvement improving including increase jobs protection slump solid spending suggest sustained
While improving consumer confidence probably suggests downside protection against a slump in spending, it does not suggest we will see spending take off. We still need a sustained improvement in the jobs market, including a significant decrease in unemployment with a solid increase in real wages.