Roger Kubarych
Roger Kubarych
asian domestic effect hitting percent side whether
Whether it's 3.7 percent or 3.9 percent, it's booming, ... I don't think that the Asian effect is hitting us much and the domestic side is good.
biggest consumer depends effect equity gains housing impact people primarily providing report represents spending tapping wealth
The impact on consumer spending depends primarily on housing prices, because they're providing the biggest wealth effect right now. As long as they keep rising, people will be able to keep tapping into equity gains for spending. For now, this report just represents consumer grumpiness.
bush economy imagine picking spoil
I can't imagine Bush would want to spoil things in the economy by picking someone that is not competent,
bush
Here's an appointment where Bush really can't make a mistake,
bit caution flag lookout wage
He has issued a bit of a caution flag now that he's on the lookout for wage pressures.
bringing companies cost everybody fund generates growth jobs lower money savvy sorts sound tax ultimately using
Those companies are all very tax savvy and they are doing what everybody else would do -- they are bringing the money at a lower cost and using it to fund all sorts of things, ... Ultimately what generates jobs is macroeconomic growth and sound policies, and not a tax break.
believe coming consensus growth hold housing less market robust throughout
We believe the growth spurt will be less robust than the consensus and that a softening housing market will hold back (growth) throughout the coming year.
full moderately percent viewed
We're at moderately full employment, but not full employment. Anything like 4 or 3.9 percent would have to be viewed as full employment.
age-and-aging background best bush clarity involved minds successes tax
He's the same age, same clarity of expression, same demeanor, very steady, interesting background with the Bush administration and involved with the best successes in their minds - the tax cuts,
bigger companies language mountains worked
Companies use language that's worked in the past, so prospectuses become bigger and bigger mountains of words,
answer ask fed greenspan private replace staff talk
If you talk to the Fed staff in private and ask them who would Greenspan like to replace him, the answer would be Don Kohn,
digging fed half inflation start year
It may be a year and a half or so before we see enough inflation for the Fed to start digging in.
dash monetary perfectly
It was the Greenspan-Kohn monetary policy, and the dash is perfectly legitimate,
actively ease monetary seeking signal trying vigilant
They could have waited, but they're trying to give us a signal that they're more than just vigilant -- that they're actively seeking to ease monetary policy.