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.
chances flirting growth increased landing means overall soft
While overall U.S. growth slowed, it by no means is flirting with a stall; soft landing chances were increased by this news, ... Indeed, some may ask, 'what landing?'
growth pace reflects stellar strong
While much of the growth surge reflects stellar productivity gains, this pace of growth is way too strong for the Fed,
ahead core due easing fed financial growth markets possible reluctant signal stock
Financial markets want the Fed to signal possible easing ahead due to the growth slowdown and stock market declines, ... However, the Fed will be reluctant to do that while CPI core is still accelerating.
certainly continued deep doubt economy expect growth longer question recession shadow slower
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.
growth moderation modest months order pointing
The modest downtrend in order growth is pointing to some moderation in the months ahead,
attention cent despite fed growth job pay per pickup rate slack slowing wage
Despite slowing job growth momentum, the Fed is going to pay attention to the diminishing slack (the 5 per cent unemployment rate could be as low as 4.8 per cent if not for the hurricanes) and the pickup in wage pressures,
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.
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.
appear concern fallout financial growing growth investors markets natural occur robust sign view
Investors appear to view the growing shortfall as a natural by-product of robust U.S. growth and not a sign of flagging competitiveness, ... The concern for financial markets is that if this view ever changes, the fallout would occur rapidly.
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,
beyond canadian deepening dollar far gas given growth hit oil prices questions renewed spike
However, there are deepening questions as to how far they will go beyond that point, especially given the looming hit to growth from the spike in oil and gas prices and the renewed Canadian dollar rise.
annual bound bring christmas consumer growth likely might nearly next pace percent rate season spending year
The Christmas season this year might well bring cheer, but consumption growth next year is bound to slow, ... From an annual pace of nearly 4.0 percent in 2004, consumer spending will likely grow at a 3.5 percent rate this year, decelerating to a 2.25 percent pace in 2006.
chair fed shift
The shift in the Fed chair will be seamless,