Robert Brusca
Robert Brusca
bonds focus good growth inflation market numbers reaction seeing strong year
But it was a strong year of growth and you see the inflation numbers were very, very tranquil. If anything, bonds are going to focus on inflation so we should be seeing a good bond market reaction to this.
boost consumers later positive sales shopping survey until year
On the positive side, one survey suggests that more consumers this year are delaying their shopping until later in the season. If that's true, sales will get another boost in December.
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.
core excited fed gotten hardly inflation low oil past raising rates year
I don't think there's anything the Fed can make better by raising rates faster, ... They've gotten rates up a lot in the past year already. Inflation had accelerated because of oil but core inflation is still low and hardly anything to get excited about.
energy inflation rising seems storm weathered
Inflation seems to have weathered the storm of rising energy prices.
fed inflation worried wrong
Inflation is very contained. It's not going anywhere. The Fed is little too worried about the wrong thing. I'm more worried about growth.
inflation
Inflation is very contained; it's not going anywhere.
across fed horizons inflation left months rising six waiting wondering
Inflation is rising in more sectors than it is falling. It is doing so across horizons of one month, six months and 12 months. We are left in all this wondering what the Fed is up to and what it is waiting for.
across areas broad concerned core declines fed growth inflation percent prices reason spectrum
Inflation decelerated across a broad spectrum of core CPI areas -- about 40 percent of prices in the core showed declines in their year-over-year growth rate. That's a big proportion. The Fed is concerned and has a reason to be concerned.
direction fed huge step wants
It's not good. It's a huge step back for the Fed. It's not the direction where the Fed wants to go. It's unsettling.
absolutely call drive drop everybody fed federal impact knows move reserve time version water
Everybody knows what the Fed is doing, but no one knows which move is going to impact the market. I call it a version of Federal Reserve water torture: a drop at a time and after a while it will drive you absolutely batty.
business costs decide face group higher hiking hurt insurance jobs run small taxes whom worth
There's that group of small business owners, where a lot of the jobs are, for whom hiking taxes will hurt their business. They already face higher heating costs, insurance costs -- at some point, they may decide there are too many costs to run a business and decide it's not worth it any more.
greenspan line price says stability telling
This is in line with what Mr. Greenspan has been telling us, which is that we have price stability for goods. But he says he doesn't think we have price stability for services.