Steven Wood
Steven Wood
Steven Woodwas an Australian sprint canoeist and marathon canoeist who competed in the late 1980s and early 1990s. Competing in two Summer Olympics, he won a bronze medal in the K-4 1000 m event at Barcelona in 1992...
activity economic flattened recovery suggesting
Economic activity flattened out at the end of the summer, suggesting that the nascent recovery may have already been aborted.
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Sharp production cuts will continue to bring down inventories, which will set the stage for the economic recovery when spending revives.
although both building clear improving inventory likely occurred orders provides recovering recovery related shipments staying support trend
There is a clear improving trend in orders which provides support for the recovering manufacturing sector, ... Although some of the inventory building that occurred was likely Y2K related and will be reversed in the new year, the acceleration of both shipments and backlogs suggests that the manufacturing recovery has substantial staying power.
aircraft although civilian defense jump likely modest offer orders recovery worst
However, the jump in new orders was too narrowly concentrated in civilian aircraft and defense orders to offer much more than modest encouragement. Although the worst may be over for the manufacturing sector, any recovery is likely to be sluggish.
declines further months production quick rebound sales unless weakness
Unless there is a quick rebound in sales, this suggests further weakness in production and declines in inventories over the months ahead.
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The positive influence of tax rebate checks and lower energy prices is being overwhelmed by the adverse impact of highly noticeable layoff announcements and the turmoil in the stock market,
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Unseasonably mild weather in January, coming after unseasonably severe weather in December, generated a huge increase in housing starts. Moreover, February's weather is likely to generate a big decline in housing activity next month.
hands meeting monetary next regarding tip unlikely week
With the next FOMC meeting only another week away, it is unlikely any of them will tip their hands regarding monetary policy,
clear evidence expanding factory sector strong
There is clear and strong evidence that the factory sector is expanding solidly,
consumer offer partial restraint
This will offer some partial restraint to consumer spending.
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Our feeling is that markets are not going to rebound magically to a 100-machine market. So you have to learn to work in a very competitive, smaller market.
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I wish I wasn't here. But the loss of Stephanie, Tony and Zoe is a loss that won't go away. Many people have asked me about my response to this event. They say 'you must hate these people,' but we don't.
increase point rates
It doesn't necessarily point to another increase in rates for the Fed.
both gentlemen hopeful members prayer says time valuable
It is our family's prayer that both of these gentlemen will become valuable members of this society.Only time will tell with Cam Hall, but we're hopeful that what he says is real.