Lakshman Achuthan ( 10 of 10 )
Right now, [our] leading indicators clearly show that the U.S. economy is in a window of vulnerability. This means that, read more
Right now, [our] leading indicators clearly show that the U.S. economy is in a window of vulnerability. This means that, depending on the course of oil prices and geopolitical events, the economy can be easily tipped into a new recession.
It's the 'Red Queen effect' -- you've got to run twice as fast just to stay in place.
It's the 'Red Queen effect' -- you've got to run twice as fast just to stay in place.
There's been a very real structural shift, primarily in manufacturing employment, as a result of outsourcing and earlier capital investment read more
There's been a very real structural shift, primarily in manufacturing employment, as a result of outsourcing and earlier capital investment that has increased productivity. They're making employment act differently in this upturn.
[Rising home values] are making people feel they don't need to save.
[Rising home values] are making people feel they don't need to save.
One of the things recessions do is uncover weak links. When you're in a strong economy, a bull market, you read more
One of the things recessions do is uncover weak links. When you're in a strong economy, a bull market, you can paper over a lot of things. When you get under some strain, these things show up.
The continued weakness in a number of components of the index suggests that it's more than just high oil prices read more
The continued weakness in a number of components of the index suggests that it's more than just high oil prices that are ailing the economy.
It will temporarily depress some economic activity, in much the same way a snowstorm could.
It will temporarily depress some economic activity, in much the same way a snowstorm could.
The Fed's painfully aware of this, and that's one of the better reasons they try to telegraph what they're doing, read more
The Fed's painfully aware of this, and that's one of the better reasons they try to telegraph what they're doing, so people don't get caught. The institutions that have taken decisions that might put them into harm's way are probably fewer.
As the recovery takes hold, the vulnerability we have surrounding these issues will diminish and they won't be able to read more
As the recovery takes hold, the vulnerability we have surrounding these issues will diminish and they won't be able to impact the overall economy. And then investors will focus on the good news.
I don't think we're going to see jobs collapse or disappear. There is a bit of fear in the air read more
I don't think we're going to see jobs collapse or disappear. There is a bit of fear in the air with what's been going on with oil prices and the hurricane that there's going to be some kind of collapse. But I think this economy is resilient.
