Sung Sohn
Sung Sohn
Sung Won Sohnis a Korean American economist, noted for his skill in economic forecasting. He is currently the Martin V. Smith Professor of Economics at California State University, Channel Islands...
continues deeper shows
This shows manufacturing continues to get deeper into recession,
coming continues demand drag driver economic future growth key opposed pick seen
Manufacturing could be a key driver of economic growth in the future, as opposed to being a big drag as we've seen in the past, ... Even employment, which has been weak, should be coming around as demand continues to pick up steam.
continues current economic federal generate growth indicator payroll recovery reserve seems signs string sufficient supporting weak
This economic indicator continues the string of statistical signs supporting the current Federal Reserve stance, ... The recovery seems to continue, but it is still too weak to generate sufficient payroll growth for inflationary pressure.
continues economic economy fewer grow growth juice later people sooner squeeze
The economy continues to grow with fewer people working. How long can we squeeze juice out of this orange? Not indefinitely. Sooner or later economic growth would suffer.
coffin faster implies interest nail rates
This really was the nail in the coffin for the Aug. 24 meeting. I think it implies interest rates will go up faster in the future.
coffin faster implies interest nail rates
This really was the nail in the coffin for the Aug. 24 meeting, ... I think it implies interest rates will go up faster in the future.
brutal detroit economy-and-economics energy losing ruled season shock winter
This summer's energy shock will cascade through the economy. A brutal winter heating season can't be ruled out. Detroit is losing steam,
boat both business businesses caution competition continuing domestic employees facing few focused foreign gains hiring reflecting report slow
This report is a slow boat to China, reflecting continuing business caution about hiring people. Facing unprecedented competition from both domestic and foreign sources, businesses are still focused on productivity gains with as few employees as possible.
attack collected data economy fact knew numbers seems
We knew the data collected after the attack was going to be weak, but I was a little dumbfounded by the fact that the numbers even before the attack were awfully weak, ... Even before the attack, the economy seems to have relapsed into the doldrums.
employment increases indicator key months three
To me, the key indicator is employment. We need to see at least three months of pretty hefty increases in employment before we'll be able to say we're out of woods,
almost guess historic lead market rule stock time
This time around, my guess is that the lead may end up being shorter than the historic average, ... I wouldn't rule out the possibility of the stock market being an almost coincident indicator.
economic recovery terrorist
Without the terrorist attacks, we would be experiencing economic recovery in this quarter.
common joke last market predict predicted problem stock tends
The problem is that the stock market tends to predict downturns or upturns too early. The common joke is that the stock market predicted 11 out of the last 9 recessions.
month temporary
This was a temporary pause, which has already been reversed in the month of September,