Sherry Cooper
Sherry Cooper
Sherry S. Cooperis a Canadian-American economist. Cooper is currently Chief Economist for Dominion Lending Centres. She was Executive Vice-President and Chief Economist of BMO Financial Group, with responsibilities for economic forecasting and risk assessment. She comments regularly in the press on financial issues...
certainly employment growth rate second though
Today's US employment report, though not a blockbuster, certainly portends at least a 3% growth rate in the second quarter.
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What little data I've seen suggests that only about 25 percent of businesses have taken deliberate, serious action. And certainly the larger corporations would be the ones that would begin the process. Let's face it, a small company probably would not have the capability of taking very dramatic action.
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There is no longer a shadow of doubt that the U.S. economy is downshifting rapidly; the only question is how deep the slowdown goes, ... We do not expect to see recession in 2001, but we certainly expect to see significantly slower growth with continued moderating inflation.
affects certainly effect far half happening job market psychology starts
It certainly affects psychology, but if the job market starts growing, that effect is far more important to psychology than something that's happening half a world away.
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The shift in the Fed chair will be seamless,
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Predicting the long-awaited U.S. economic slowdown can be a risky business,
age-and-aging average birth increase population rates
Birth rates would plunge and the average age of the population would increase significantly.
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U.S. consumers are feeling the benefits of higher incomes and are spending more to reflect their good moods, ... Buoyed by record confidence, income growth, and a super-tight jobs market, the consumer is showing no signs of slowing and should continue to propel the U.S. economy.
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When the 10-year yield got to 4.4 percent Tuesday, I said this was probably a short-term buying opportunity and that we would see some correction.
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While we would not get too excited, these data are just the right stuff to further trends already under way in financial markets. Whispers about Fed easing are sure to follow.
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June's swoon is indeed proving to be temporary.
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U.S. industrial activity is improving, but it can't be described as healthy just yet.
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Wages are still running a bit hot for comfort, the jobless rate is still quite low and the underlying trend in employment (especially full-time) remains strong.
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Today's report indicates that the sector is still robust and entered the second quarter with lots of momentum.