Stephen Stanley
Stephen Stanley
Stephen Stanley is a Canadian singer-songwriter associated with the band The Lowest of the Low. Stanley also performs as a solo artist, sometimes in collaboration with violinist Carla MacNeil...
far highest inflation percent reading since
One-year inflation expectations spiked from 3.1 percent to 4.6 percent, by far the highest reading since 1990,
cause certainly core fed focused looking looks market percent reaction since
But certainly the market should be focused on the core number, since that's what the Fed looks at. We're looking for an 0.2 percent increase, which wouldn't cause a big reaction in the market.
continue fed hike measured pace rates
Barring an abrupt weakening in the economy, the Fed will continue to hike rates at a measured pace for the foreseeable future.
building claims economy large number permits recovery seeing since strength strong
Some of the strength in building permits and claims may be weather-related and so this number probably won't be repeated, but there's been a strong recovery in the index since the hurricanes and by and large we're seeing that in the economy as a whole.
area clear definitely less
It is definitely clear that (housing) is one area where you will see less growth,
fed happy inflation revised
It is never a happy day for the Fed when GDP is revised down and inflation is revised up.
data december durable effect flat goods influence less net number offset positive possibly quarter shipments strength
Ironically, with all this strength, the net effect of these data on the fourth-quarter GDP number could be flat or possibly even marginally negative. This is because durable goods inventories were flat, which should more or less offset the positive influence of the stronger-than-anticipated December shipments figures. For first quarter GDP, however, these data are unambiguously positive.
adjusted auto clearly increase january million pace perhaps sales
January auto sales were clearly much better than expected. We are on a pace to see a month-to-month increase in the seasonally adjusted sales pace, perhaps to around 17.7 million units or so.
december early gradual housing sales starts
It is a little early to eulogize the housing sector. Look for any deterioration in starts, sales, etc., to be more gradual than the weather-depressed December starts tally would suggest.
focused investors market next number oil retail sales until
I think the next really big number for the market is next Friday's retail sales figures. Up until Friday, investors are going to be focused on oil prices, the earnings, and to an extent, the election.
accelerate environment fed fight inflation investors might raises ramp rates worse
If inflation doesn't accelerate much from here, and the Fed just raises rates a little more, we might see something like the end of the 1990s again. But if the Fed has to really ramp up to fight inflation, it's going to be a much worse environment than investors realize.
consumer happen investment spending weaker
If it didn't happen in the first quarter, it's going to have to happen at some point. If consumer spending or investment spending was a lot weaker than expected, it'd be a lot more troublesome.
best clash company decide move truly
If what we see in these surveys is truly the case, then there will be a clash in the boardroom as these two decide how best to move the company forward.
bond boost currently economy faster fed growing keeps longer markets rates reacting stock
If the economy keeps growing at a faster pace, the Fed may need to boost rates for longer than what markets are currently expecting. I think that's what the stock and bond markets are reacting to right now.