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...
continue data difficult face housing interest market open remains resilient rising slow
These data continue to show that the housing market remains resilient in the face of rising interest rates. This resiliency will make it more difficult for the (Federal Open Market Committee) to slow the economy,
business concerns consumers cycle despite future optimistic remain turning typical
Consumers still remain optimistic about the future despite having some concerns about the present. This is very typical of a business cycle turning point,
margins power pricing profit remain
Because pricing power has disappeared, profit margins will remain under significant pressure.
consumer debt employment gains growth households income judicious remain spending taking
With employment gains non-existent, income growth has slowed. As households also become more judicious in taking on more debt, consumer spending will remain soft.
august force hand remains
While this will not force the Fed's hand at this week's meeting, an August tightening remains a real possibility.
activity although buying consumer high home less longer relatively remains
Although home buying remains at relatively high levels, and though no longer robust, refinancing activity has slumped. Less refinancing activity should dampen consumer spending.
activity although buying consumer high home less longer relatively remains
Although home buying remains at relatively high levels, although no longer robust, refinancing activity has slumped. Less refinancing activity should dampen consumer spending.
average continues creation interest job raise rate remains
As long as average job creation remains around or exceeds 200,000 and the unemployment rate continues to decline, the FOMC will continue to raise interest rates.
despite gains income labor moderate remain spending sufficient support
Despite the loosening of the labor markets, income gains remain sufficient to support spending at a moderate pace.
consumer despite energy higher interest rates remains remarkably rising
Despite rising interest rates and higher energy costs, the consumer remains remarkably resilient.
adjusting appear both claims continuing despite employment initial labor markets near october payroll remain storm strong weak
After adjusting for the storm effects, both initial and continuing claims appear to be near their pre-hurricane levels, indicating that labor markets remain strong despite the weak October payroll employment report.
activity begins breach continues economic economy fast few hiring labor layoffs markets national percent prospects remain
Labor markets are deteriorating rapidly. Layoffs remain at a fast pace, while hiring has all but stopped. As economic activity continues to unravel, there are few prospects for a near-term turnaround. The national unemployment rate, now at 4.9 percent, should breach 6 percent before the economy begins to recover.
activity decline despite housing quite remains robust slowing stock
Housing activity remains quite robust despite the slowing economy, decline in jobs, and faltering stock market.
attitudes consumers declined economic financial last level modestly optimistic personal remain six
Households' economic attitudes have declined modestly over the last six months, ... But the level suggests consumers remain very optimistic about their personal financial condition.