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...
buying opportunity percent yield
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.
bonds buying change foreigners haven margin massive percent safe stocks
Foreigners own 11 percent of U.S. stocks -- that's not huge, but at the margin it makes a big difference. And right now there's massive foreign buying of bonds because they're a safe haven amid geopolitical uncertainty -- that could change as well.
action begin businesses capability certainly company data dramatic face larger percent seen serious small taken taking
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.
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.
economy good growing inflation last low people percent rate realize shape since
The economy is in very good shape and people don't realize it. We really do have low inflation and low unemployment, and the economy has been growing at a rate of 3 percent or better since the last recession.
consumer income percent remain remains spending suggesting trend
All in all, the year-over-year trend in income jumped to 6.1 percent from 5.4 percent, suggesting that consumer fundamentals remain very strong, ... Consumer spending remains on a tear.
chair fed shift
The shift in the Fed chair will be seamless,
economic predicting risky
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.
benefits consumers continue feeling good higher income jobs propel record reflect showing signs slowing spending
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.
data easing fed financial further stuff sure trends whispers
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.
indeed proving
June's swoon is indeed proving to be temporary.
activity healthy industrial
U.S. industrial activity is improving, but it can't be described as healthy just yet.
bit comfort employment hot low quite rate remains running trend underlying wages
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.