Robert Brusca
Robert Brusca
brother economic hiring job looking people sister
People don't look at economic data. But they know their own firm, they know if it's solid, they know if it's hiring and if people are getting raises. Even if they're not looking for a job, they know what's going on with their brother or sister or friend's job search. That's what makes these surveys powerful.
bit economy economy-and-economics risks seems signs softness tone
The tone seems a bit hawkish -- he admits to little in the way of signs of softness in the economy or risks to growth.
affected economy economy-and-economics gives magnitude
It doesn't tell you anything about the economy at this point. It just gives you some idea of the magnitude of the displacement in the affected area.
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On the economic plate, next week's really pretty light. The big event is the big event, four letters: F-O-M-C. After the week we just had, we about cleaned up everything; we now have plenty of time to focus on the Fed.
aggressive banks curtail economic extent feeds less risk taking
The extent to which it feeds back to you and me is that banks become less aggressive about taking risk ... and this could curtail economic activity.
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We're getting sort-of mixed results with what is happening in the economy.
economy-and-economics situation
This is a big leakage for our economy. We're at a very complicated situation with our economy.
economy-and-economics situation
This is a big leakage for our economy, ... We're at a very complicated situation with our economy.
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I think some of the job growth has been pushed forward. Behind the surface of these very strong reports, there are signs the economy has begun to slow down.
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The Federal Reserve has talked about the economy being in a soft spot -- well, it's really in a soft spot.
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These are big declines. It shows you how weak the economy is. Prices don't decline like this unless you've got slack demand conditions.
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What's going on here is we've got a lot of growth. We've seen very, very strong consumption.
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The stock market is earnings-oriented. But if you're looking at earnings, you're not seeing anything improving.
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The sell-off in bonds is for real and is the correct reaction. The Fed will need confirmation to act. The bond market won't. It takes no prisoners.