Richard Yamarone
Richard Yamarone
hear hiring tone
I still don't think the tone has changed, ... I don't hear any hiring going on, and I don't hear any firings going on.
america appear august corporate exactly hiring job jobs last problems switch
August isn't exactly a barnburner for job creation. It didn't appear as if corporate America flicked on the hiring switch last month. I think there were a lot of problems plaguing big business. So I don't think we're going to get a big jobs number.
companies hiring holiday last less retailers
Retailers and construction companies just weren't hiring last month. Retailers did less hiring this holiday season.
corporate hiring mean road saying
All of these corporate chieftains are saying new hiring is in the cards, around the corner, down the road -- but that doesn't mean March.
aware fed federal fully funds higher increasing official oil prices recession since
The problem, and every Fed official is fully aware of this, is that every recession since 1971 has been preceded by two things: higher oil prices and an increasing federal funds rate.
coming conditions consumers spending storm
With job-market conditions being what they are, I don't see how consumers will be out there spending up a storm in coming months,
board caution corporate elevated energy environment flags holiday interest rate rising sending spending yellow
Elevated energy prices, questionable holiday spending and the rising interest rate environment are sending yellow caution flags around many corporate board rooms.
driven fed funds higher hike inflation oil people raising rate stop threat
There's only so much a Fed rate hike can do to thwart an inflation threat that's predominantly driven by oil prices. Raising the fed funds rate won't stop people from speculating about higher oil prices,
buying generators insurance living outlook people plan protect rather sign smart sounds translate weaker
People buying generators sounds more like a smart insurance plan to protect some of their assets, rather than a sign they're living in fear. It may dampen people's outlook a little bit, but not in a way that would translate into weaker spending.
winter
We are going to have a winter of discontent.
data deeper economic higher inflation last longer piece received showing signs six threatens weeks
Every piece of economic data we have received over the last six weeks is showing signs of higher inflation that threatens to erode economic growth. The after-shocks of the hurricanes may be longer and deeper than many now believe.
creation economy goes job
As the economy goes, so, too, goes job creation.
anywhere fantasy found good inflation oasis
There's no inflation anywhere to be found in the U.S. economy, and that's good for bonds. It's more than an oasis of prosperity, it's more like Fantasy Island.
caution coming creation diminished economic entire growth guns job month since stellar stick street trend
We caution investors; one month of stellar job creation does not a trend make. And since the entire Street has diminished economic growth projections for 2005, we have to stick to our guns of slower, not stronger, job creation in coming months.