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Ian Shepherdson Quotes
«There is nothing here that looks remotely inflationary,»
Author: Ian Shepherdson
«Once rebuilding gets underway in earnest in the Gulf Coast, we expect much stronger construction numbers across the board. But that will be a story for the very end of this year and into 2006.»
Author: Ian Shepherdson
«Katrina and Rita effects still linger, though they are fading, ... Claims will likely rise next week as the full effects of Wilma hit, but the downward trend is very clear.»
Author: Ian Shepherdson
«It is tempting to blame the softness of core sales on the surge in gas prices, but we think it is too soon for that.»
Author: Ian Shepherdson
«At this level the index is consistent with spending growth of about 3.5 percent, in line with recent economic data. But watch out for a dip next month in the wake of the renewed spike in gas prices. Overall, though, quite robust.»
Author: Ian Shepherdson
«While claims at 350,000 or so would not be a disaster, they would be consistent with (monthly) payrolls trending at only about 125,000 -- not enough to push the unemployment rate any lower.»
Author: Ian Shepherdson
«The gains were uneven, however, with small declines in clothing and electronics, a decent 0.7 percent rise for general merchandise and a huge leap for non-store retailers. Provided January holds up -- surveys suggest so far, so good -- the overall holiday season will have been pretty good.»
Author: Ian Shepherdson
«The statement leaves room for inaction in November if the data fail to thrive.»
Author: Ian Shepherdson
«The Fed has begun to prepare the markets for higher interest rates, ... almost balanced.»
Author: Ian Shepherdson
«Preparing the markets for a rate hike is a process in which the Fed gradually has to back away from its unduly pessimistic stance of recent months. This will take some time, but the process is now underway.»
Author: Ian Shepherdson