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...
appears consumer convince december evidence further january market open related spending strength weakness
Some of the December strength and January weakness appears to be related to Y2K precautions; the (Federal Open Market Committee) will need a lot more evidence of a slowdown in consumer spending than this to convince them that further tightening is not warranted,
due higher impact interest mild obvious portion rates strength winter
While a portion of this strength is due to unseasonably mild winter weather, it is obvious that higher interest rates are, so far, having little dampening impact on construction.
accelerate although consumer creation finished job order quarters recent spending strength strong sustain
Although real consumer spending was strong it has slowed for two consecutive quarters and finished Q1 with very little momentum. In order to sustain recent strength in real consumer spending, job creation will need to accelerate further.
again data despite easing ended growth likely period strength suggesting sway unlikely weaker
Despite the strength during the quarter, the period ended on a much weaker note, suggesting (second-quarter) growth is likely to be weaker. These data are unlikely to sway the (Fed) from easing again at (its) May 15th meeting.
gain given housing january recent spending starts strength warm weak
The January gain in construction spending was surprisingly weak given the recent strength in housing starts and unseasonably warm weather.
continues couple grow less moderate pace prior sector strength
The manufacturing sector continues to grow at a moderate pace but with less strength than in the prior couple of months.
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.
adverse checks energy highly impact influence lower noticeable positive prices stock tax turmoil
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,
activity coming decline generate housing huge increase likely mild next severe weather
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.
feeling learn markets rebound smaller work
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.
asked hate loss people response tony wish
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.