Robert MacIntosh
Robert MacIntosh
Sir Robert Reynolds Macintoshwas a New Zealand-born anaesthetist. He was the first professor of anaesthetics outside the United States...
again companies confident economy existing function grinding hire ramp running wanting
That's a function of companies wanting to feel confident that the economy is up and running again before they hire back. If they do want to ramp up activities, they do it by grinding more out of existing people.
couple job labor market quarter quarters second situation starts takes turn typical
We will get well into the second quarter before the job situation really starts to improve, ... That's typical of recoveries; it takes a couple of quarters before the labor market starts to turn around.
based increases odds
Based on this statement, it increases the odds of another increase. I would have had it at 25 percent, but now it's 65-70 percent.
based increases odds
Based on this statement, it increases the odds of another increase.
couple likely telling
I think this is telling you that they are going to do at least another (rate hike), and then likely a couple more after that.
deal game plan
We need a game plan to deal with Iran.
fiscal monetary policy problem stimulus
Japan's big problem was that fiscal stimulus was not there. They haven't coordinated monetary policy with fiscal policy. That's what we're doing differently, and that's why we won't have the same problem.
adding issue talking
We're not talking about adding 300,000 jobs, which is what you get when things are really going well; we're still a long way from that. I don't think it's an issue at all from an inflationary standpoint.
filled soon spots
I would like to see the spots filled as soon as possible.
delays due faith focus personal
I don't put a lot of faith in the PPI these days, with the delays due to calculation problems. You need to really focus on the CPI and personal consumption.
economic inflation issue looking low percent stay typical
Inflation is not an issue right now. We're looking for inflation to be between 1 and 1-1/2 percent this year. It's typical that you see inflation come down and stay low for a while after you have had an economic slowdown.
closer fed next
The Fed is that much closer to being done. I think they are done after next week.
closer fed
The Fed is much closer to being done.
fed
The Fed is going to keep chugging along.