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...
consumers cooling due energy expect fourth growth higher pinch quarter remains remarkably spending spring
After a spring lull, consumers are back on track. While we do expect some cooling in the fourth quarter due to the pinch from higher energy prices, spending growth remains remarkably resilient.
activity cool housing incredibly warm
After an incredibly warm January, February's chillier temperatures only managed to cool housing activity modestly.
apply consumer cooling housing job offset sector
The cooling U.S. housing sector should apply a dampener to consumer spending... but some of this could be offset by still-decent job growth.
apply consumer cooling housing job offset sector spending
The cooling US housing sector should apply a dampener to consumer spending as 2005-2006 unfolds, but some of this could be offset by still-decent job growth.
apply consumer cooling housing job offset sector spending
The cooling U.S. housing sector should apply a dampener to consumer spending as 2005-2006 unfolds, but some of this could be offset by still-decent job growth.
apply consumer cooling housing job offset sector spending
The cooling U.S. housing sector should apply a dampener to consumer spending ... but some of this could be offset by still-decent job growth.
although consumer consumers cooling currently display drag housing labor major resilience sector solid spending starting upbeat year
Although the cooling U.S. housing sector is going be a major drag on consumer spending as 2006 unfolds, consumers are starting the year in an upbeat mood, buoyed by solid labor markets. As such, U.S. consumer spending could display more early-year resilience than is currently expected.
corporate inflation pricing remains virtually
Inflation in the U.S. remains virtually non-existent, as does corporate pricing power.
good happening prices rising seems vibrant
In a vibrant economy, you will always have some prices rising and some falling. That's a good thing, and that's what seems to be happening at this stage.
biggest emergency energy gas meaningful natural prices risk
The biggest risk (to energy supplies) is natural gas prices because there is no meaningful emergency inventory,
dip good hope looking maybe pick production sign stage
The big dip in inventories is a good sign if we are looking for a glimmer of hope here. Maybe we are at a stage where production can pick up again.
bank distant divert focus gradual inflation likely rising seems threat wage
The bank's new focus is likely to be on rising wage pressures, but that still seems a distant inflation threat at this point. On balance, there is nothing here to divert the bank from its gradual tightening course.
economy growth hallmark key reinforce reports stable underlying
These two key reports reinforce the underlying story of red-hot growth and stable inflation, which was the hallmark of the U.S. economy in 1999,
dilemma fed financial growth inflation might outlook problem signs slower underlying
The Fed might have been in a dilemma if signs of slower growth were coupled with signs of a wage/price spiral. However, that is emphatically not the case. The underlying inflation outlook is not a problem for the Fed or the financial markets.