Philip Shaw
Philip Shaw
boost general given next price retailers share statement
The Next statement has given a boost to general retailers and the Next share price in particular.
brought month move next rates soon surprised whether
The next move in rates will be a cut. There is some uncertainty over whether rates will be brought down as soon as next month but we would not be at all surprised if it happens.
headline peak seen
What this suggests is that we may have already seen the peak of headline inflation.
believe differ expect high hold majority members official peter rates recent remain run spending street stronger
While we believe the recent run of stronger high street spending will peter out, a majority of MPC members may differ and we expect official rates to remain on hold at 4.5 percent.
continued driving factor iraq main
Continued developments in Iraq will be the main factor driving markets.
areas certain children key later peak reached relatively several thin thinner
And we find the most intelligent children started off with a relatively thin cortex, but it then got thicker relatively rapidly, reached its peak thickness in certain key areas several years later but then also got thinner quicker.
account taking
This was extraordinarily weak, even taking into account the seasonal unreliability of the data.
again although caution early happen inflation interest next rates until view
This underpins our view that interest rates will have to come down again although the MPC caution on inflation suggests that's not going to happen until early next year.
found pattern
We found that the cortex showed a different pattern of development.
chances hike next virtually week
We think the chances of a hike next week are virtually zero.
corporate nervous seen trading worst
We will see nervous trading ahead, as we have seen from Cisco that the worst is not yet over for corporate earnings.
confusion familiar individual time
There's still a lot of confusion about what the sectors mean. I think it's going to take some time for the individual analysts to become familiar with their new companies.
although bank clear hold optimistic planning rates view
Although it is clear the Bank is planning to keep rates on hold for now, our view is the MPC is still too optimistic on growth.
empirical hope intelligence modest research study
A lot of research in intelligence has not been that great. I would hope by this modest descriptive study to put things on an empirical footing.