Oscar Gonzalez
Oscar Gonzalez
ancient certainly economy emerging federal figures inflation last might reflect reserve rising simply six suggest terms worrying
Today's figures simply reflect an economy still emerging from a recession; there's certainly nothing here to suggest inflation rising from the ashes. In terms of impact, it might as well be ancient history, especially now. The Federal Reserve is back to worrying about where inflation will be in six months, not where it was last month.
again avoiding continue economy economy-and-economics fed grow improving less likely move reports retail sales seem strong suggest
Strong but moderating retail sales and improving productivity suggest an economy that should continue to grow while avoiding overheating, ... The reports would seem to make it less likely that the Fed will need to move again this year.
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.
continue economic economy expect fact improve jobs rest suggest
Jobs are a lagging indicator, and other economic indicators suggest the economy is in fact on the mend. We still expect it will continue to improve through the rest of the year.
additional both coming fed higher katrina oil prices raising side spending stimulus suggest
Higher oil prices and the stimulus coming from additional spending after Katrina both suggest that Fed would be on the side of raising rates.
arm economy employment eyes fed few figures giving next past push quite report seen shift shot suggest weeks
All eyes will now shift to next week's employment report. The figures we've seen over the past few weeks suggest it will be quite weak. The report may be enough to push the Fed into giving the economy another shot in the arm at their next meeting.
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We're finally getting consistently good news on the labor markets and even an occasional positive surprise like today's report.
allow alone begin businesses earnings reach until
Until businesses feel a real need for more hands-until productivity alone won't allow them to reach their earnings goals-they won't begin hiring.
brink confidence consumer great possibly surprise
We are possibly on the brink of war, so it would have been a great surprise if consumer confidence hadn't fallen.
additional benefit businesses cause corporate costs critical cutting delay further lean rising sluggish
Rising benefit costs are cutting into already lean corporate profits. This may cause businesses to further delay additional hiring, which is critical to boosting the sluggish economy.
crude energy front mean nobody prices record relief sees time trade
Record crude prices usually mean record trade gaps. Nobody sees relief on the energy front any time soon.
dismal imports overall terms trend
The overall trend is still pretty dismal in terms of imbalances between imports and exports.
demand economies economy inflation pressures raise recession resulting simply slack
Inflation is on the mat and not getting up soon. With the U.S. economy still in a recession and economies around the world weak, demand is slack and resulting in no inflationary pressures at all. Simply put, no one can raise prices.
check crow cycle despite eating energy fears fed good hawks inflation labor markets prices rate report rising strong surprised tight
Inflation hawks may be eating crow today. Despite their fears of tight labor markets and a strong economy, inflation is only creeping, not accelerating. I don't think that this report assures that the Fed tightening cycle is over, but I wouldn't be surprised to see rising market expectations of a rate cut. With most prices in check and energy prices easing, this report is about as good as it gets.