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...
bit energy exactly figure katrina trying
Katrina is a little bit different because you're also threatening the energy system. We're still trying to figure out exactly where we are on that. The near-term implications are pretty extreme.
economy inventory levels low rebuild
We know from low inventory levels that they're going to have to rebuild inventories as economy strengthens,
oil quiet time
We're in a pretty quiet time of the year. We've been pretty directionless today. Oil hasn't been doing much.
oil quiet time
We're in a pretty quiet time of the year, ... We've been pretty directionless today. Oil hasn't been doing much.
claims clearly figures flood magnitude timing
We know that a flood of Katrina-related claims is coming. The magnitude and the timing are uncertain, but the figures will clearly be boosted sharply very soon.
bigger demand expect exports foreign imports improvement near seeing
We are seeing some improvement in foreign economies, but the imports are just so much bigger than exports you would have to have a big slowdown in U.S. demand to really make a difference. I don't expect to see any big improvement in the near term.
cold continue exception hit industries ok overall recovery sector top
The overall manufacturing sector is doing OK with the exception of autos. We continue to see recovery in the industries that were hit by the hurricanes, and then on top of all that it was a cold December.
continued convince data hikes march market primarily rate recipe report softness sounds
Today's report should convince most market participants that the March softness in the data was primarily a one-month phenomenon. Sounds like a recipe for continued 25 basis-point rate hikes for the foreseeable future.
accelerate consumer core edge fed firm inflation interest likely price raising
We still do not look for the core CPI to accelerate rapidly, but it is likely to be persistently firmer going forward. At a minimum, core consumer price inflation will be firm enough to keep the Fed on edge and raising interest rates.
bad gasoline news tobacco
There is more bad news to come in May. Gasoline will be up sharply, and tobacco will be up.
companies cost feeds increases pass production question swallow
The question is, How much of this feeds through all the way down the production process? Do companies end up having to swallow the cost increases or can they pass it through?
appears begun doubt factory last orders sector seen solid year
The factory sector appears to have begun the year on a solid note, no doubt bolstered by the surge in new orders seen at the end of last year.
economy extent fed market maybe people perceive slowing statement stock stop
The stock market has been pretty stubbornly hewing to the idea that the economy is slowing down and the Fed may stop soon. So to the extent that people perceive the statement as a little more hawkish, it's maybe upsetting.
explosive pace quarter second sets stage swing third
The still-massive swing in the pace of stockpiling in the second quarter sets the stage for an explosive third quarter.