Maxioms by Joe Abate
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.
The economy is weakening and we're going to see more of the effects of that.
The economy is weakening and we're going to see more of the effects of that.
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.
We are talking about an economy averaging about 30 miles per hour in a 60-mph speed zone. That keeps pressure read more
We are talking about an economy averaging about 30 miles per hour in a 60-mph speed zone. That keeps pressure on the unemployment rate, forcing it to continue to rise. By summer, we could have 6.4 percent unemployment.
It'll be a solid number, but it won't post the 8.2 percent growth we saw for the third quarter.
It'll be a solid number, but it won't post the 8.2 percent growth we saw for the third quarter.
