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...
change inflation low months outlook rates report view
This report will not change the Fed's view on the inflation outlook -- they will keep rates low for still some months to come.
eventually hike last likely next rate remain unwind view work
We remain of the view that next week's rate hike will not be the Fed's last work this cycle. Indeed, they will likely eventually unwind all of last fall's crisis-induced easing.
consumer despite equity evidence growing hanging market oil prices viewed
Overall, this can be viewed as more evidence that the consumer is hanging in well despite the run-up in oil prices and growing equity market volatility.
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.
accelerate believe bury cash crisis dump financial people running
We wouldn't want everyone to go running out and dump all their investments and bury cash in their mattresses, because it would only accelerate the crisis - at least the financial crisis. But I don't believe people would do that anyway.
clear core fed guidance report rise
This report does not give the Fed clear guidance that core inflation's rise in the PPI is topping out. It does, however, hint in that direction.
bit fiscal increases interest obviously potential quite tax
There has obviously been quite a bit of dissension as to the governmental policies, the slashing in fiscal expenditure, potential tax increases, as well as the astronomical increases in interest rates.
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.
age-and-aging average birth increase population rates
Birth rates would plunge and the average age of the population would increase significantly.
ammunition continue economy fed few highlights provides relentless report simply strength
While this report yielded few surprises, it simply highlights the relentless strength in the economy and provides more ammunition for the Fed to continue tightening policy,
bit core energy evidence feeding prices report rise soaring
While the rise in core prices is a bit uncomfortably high, this stand-alone report is not evidence that soaring energy prices are feeding into other prices.
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.
anxiety cast causing confidence doubt economic horizon main realistic sign street wall weakness
There is no realistic sign of economic weakness on the horizon and wiggles on Wall Street are, evidently, not causing much anxiety on Main Street. The confidence surveys cast doubt on the slowdown view.
fear generate
I do not want to generate fear unnecessarily,