Joe Abate

The odds are that things are going to be a little stronger than people anticipate in another month or so. read more

The odds are that things are going to be a little stronger than people anticipate in another month or so. With the exception of the labor market data, which will continue to stink.

What you're seeing is a glut of gently used vehicles, and that's putting pressure on all vehicle prices.

What you're seeing is a glut of gently used vehicles, and that's putting pressure on all vehicle prices.

The stronger data virtually assure significant changes in the Fed's directive this week. The new directive will probably include a read more

The stronger data virtually assure significant changes in the Fed's directive this week. The new directive will probably include a grudging acknowledgement of the stronger labor market and inflation statistics.

We now believe that the first Fed rate hike will not come until December, and we continue to worry the read more

We now believe that the first Fed rate hike will not come until December, and we continue to worry the Fed may be forced to ease again before it begins hiking rates.

In the long run, crowding out tends to mitigate the effects of fiscal policy.

In the long run, crowding out tends to mitigate the effects of fiscal policy.