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...
energy expect fears fed guard inflation soon though time worst
I do not expect to see the Fed let its guard down on inflation any time soon even though the worst fears of energy pass-through have not come to pass.
both imports main petroleum prices rose volumes
The main story was oil. Volumes and prices both rose in June, so petroleum imports jumped sharply.
august high july levels move realistic reality truly
The levels in July were too high for the reality of what is truly going on in manufacturing. The move back in August is to a more realistic level.
betting depends market oil seems storm
The market seems to be betting that the storm won't have a long-term impact, but that really depends on how much the storm disrupts the oil infrastructure, something we may not know for weeks.
clearly consumer depends economy evidence far gas numbers people prices pull risk short slowing stay strong
The economy is clearly strong right now, and that's what these numbers reflect. In the short term, there's a risk people will pull back on spending, but that depends on how long gas prices stay high, and so far there's not much evidence the consumer is slowing down.
advancing clearly economy funds nicely rate slow view
The economy is clearly advancing nicely right now and it will in our view take more than a 5% funds rate to slow it down.
businesses cash confident consumer continues economy improving labor
The economy has a lot of momentum. The consumer continues to do well because of the improving labor market, and businesses have a lot of cash and are getting more confident about deploying it.
early economy momentum
The economy retains ample momentum early in 2006.
absolutely changing crew field numbers picture until weak
The 'economy is weakening' crew will have a field day with this report. But until we see two weak numbers in a row, I am absolutely unconvinced. . . . Disappointed? Definitely. Changing our big picture view? No.
above begin build economy fully gradually growing inflation labor markets pace pressures product slack trend
The economy is still growing at an above trend pace and with slack in labor and product markets all but fully absorbed, inflation pressures will begin to gradually build this year.
december durable extremely goods headline percent report rise statistics underlying
The durable goods report for December was extremely strong. The headline rise of 1.3 percent was decent, but some of the underlying statistics were even more impressive.
bank began central changes last mantra period policy remains respond since statement unchanged
The crux of the statement was unchanged (from the last meeting). They said that policy remains accommodative, but that the central bank will respond to changes as needed. That's been the mantra since the tightening period began last June.
bank began central changes last mantra period policy remains respond since statement unchanged
The crux of the statement was unchanged (from the last meeting), ... They said that policy remains accommodative, but that the central bank will respond to changes as needed. That's been the mantra since the tightening period began last June.
case compelling continued hikes rate since
The case for continued rate hikes has become, if anything, more compelling since Katrina.