Maureen Allyn

Private sector credit from 1999 through the first half of 2001 was adding $1.2 trillion per year. It was the read more

Private sector credit from 1999 through the first half of 2001 was adding $1.2 trillion per year. It was the mother of all credit expansions.

It certainly looks like [new claims] have peaked. You're looking at several weeks where they've come off the peak they read more

It certainly looks like [new claims] have peaked. You're looking at several weeks where they've come off the peak they hit after Sept. 11.

This is kind of capping a string of fairly strong numbers, and I'm even going to have to boost my read more

This is kind of capping a string of fairly strong numbers, and I'm even going to have to boost my estimate of fourth quarter GDP up closer to 3 percent. We know the Fed is sitting on the edge of its seat. It's going to make everybody a bit nervous.

The markets are clearly disappointed.

The markets are clearly disappointed.

With profits in such a tailspin, I'm revising down my capital expenditure outlook for the next six to nine months, read more

With profits in such a tailspin, I'm revising down my capital expenditure outlook for the next six to nine months, and (I see) almost zero job growth for rest of this year.