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...
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.
clearly data demand domestic focus prime remains remarkably
Domestic demand remains remarkably strong, as the import data clearly indicate-a prime focus for the Fed,
appears gradually healthy higher housing losing market mortgage remains steam weight
The U.S. housing market appears to be gradually losing steam under the weight of higher mortgage rates, ... Even so, the market remains exceptionally healthy by any yardstick.
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.
alive chairman clearly core economy-and-economics greenspan inflation investors last major paradigm policy positive remains remarks reserve
Clearly the new paradigm is alive and well, ... While (Federal Reserve Chairman Alan) Greenspan downplayed the policy significance of CPI in his remarks last night, it is still a major positive for investors that core inflation remains benign.
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.
corporate inflation pricing remains virtually
Inflation in the U.S. remains virtually non-existent, as does corporate pricing power.
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.
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.
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.