Robert Brusca
Robert Brusca
against maybe reason suggesting
We have a lot of things suggesting that maybe things have improved, ... I don't see any reason to go against the numbers.
august compared evidence good higher improving last late layoffs october report september suggest year
Layoffs always are higher late in the year. All (the layoff report numbers) suggest that we are still improving compared to last year and there is little real evidence of slippage this month. The slippage was from August to September, but September to October is good number.
august compared evidence good higher improving last late layoffs october report september suggest year
Layoffs always are higher late in the year, ... All (the layoff report numbers) suggest that we are still improving compared to last year and there is little real evidence of slippage this month. The slippage was from August to September, but September to October is good number.
cut fed hold might quite rate shows suggest work
This shows the Fed rate cut was really quite needed, ... and would probably suggest the Fed might have more work to do to hold things together.
fed limits slower suggest
I think we're going to have a slower recovery, ... There are other things that suggest there are limits to what the Fed can do.
growth seen strong
What's going on here is we've got a lot of growth. We've seen very, very strong consumption.
looking market seeing stock
The stock market is earnings-oriented. But if you're looking at earnings, you're not seeing anything improving.
bonds correct fed market takes
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.
bigger looking soft softer spot
The soft spot is looking to be bigger and softer all the time.
far fed housing mean woods
The rise, however, does not mean that housing is out of the woods -- far from it. The Fed is still hiking.
consumer disaster extra growth hurricane income period recent recovering spending true
During this recent period there may be some extra spending on the part of those recovering from hurricane disasters. But it is also true that comprehensive consumer spending has been outstripping income growth over this period,
chairman fed fire trial
Each Fed Chairman has to go through his own, on-the-job, trial by fire. There is no other way.
decline demand prices slack unless
Prices don't decline like this unless you've got a lot of slack demand conditions.
good growth job month private report sector thanks trends
Private sector job growth is still challenged. The report is not very good for the month alone, but the trends have actually improved, thanks to the revisions.