Philip Shaw
Philip Shaw
base continues course economy percent present rates remain rest unless view
Our view continues to be that unless the economy veers sharply from its present course one way or the other, base rates will remain at 4.5 percent for the rest of the year.
above cut economy grow interest rates reluctant signs
If there are any signs that the economy will grow at or above trend, then the MPC will be even more reluctant to cut interest rates again.
economy global last rally
The global economy has done pretty well and we had an end-of-year rally last year, which is continuing.
cannot changing economy economy-and-economics five growing next pace quarters situation year
The economy has been growing at a sub-par pace for five quarters now and we cannot see that situation changing over the next year or so.
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.
action case european fear investors panic sell weaker
It was a case of the panic being overdone, ... U.S. institutional investors were going to sell their European assets, but the coordinated action removed the fear about a weaker euro.
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The strength of high street activity during the month (November) reflects an abrupt turn in the weather driving demand for winter wear.
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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.
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.
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Continued developments in Iraq will be the main factor driving markets.
chances hike next virtually week
We think the chances of a hike next week are virtually zero.
act boom december gone january marks retail slow spencer uk
Marks & Spencer has got its act together, ... There has been a UK retail boom in December but January has gone off to a slow start.
bang line market
The announcement was bang in line with market expectations.
consumer evidence slow spending starting
We think consumer spending will slow down and we're starting to see some evidence of that.