Maxioms by Joe Abate
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.
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.
The employment picture remains fairly grim, and that's having a dampening effect on measures of consumer confidence. And we have read more
The employment picture remains fairly grim, and that's having a dampening effect on measures of consumer confidence. And we have higher energy prices, which is another drag on consumer confidence and a 'tax' on consumer spending.
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 market didn't like his lines about inflation. Overall, the speech was extremely well balanced . . . The market read more
The market didn't like his lines about inflation. Overall, the speech was extremely well balanced . . . The market is just focusing on one or two lines out of the entire speech.