49 ordspråk av Kevin Logan

Kevin Logan

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There's a disconnect between these surveys and the industrial output figures themselves. It may be that things were down for so long in manufacturing that any improvement looks strong in the eyes of the manufacturers, but the level of output remains rather low.

Things are more uncertain now.

For the last few months or so sales seem to have flattened out. This may be the beginning of a sideways movement. The rise in short-term interest rates and higher prices tend to slow down the turnover of houses.

Consumer spending was really slowing down a lot in August and September. We're entering the fourth quarter on a weak note.

It's a very thin market, ... People don't want to take any risk because of the lack of liquidity.

This is more of a contemporaneous indicator -- if business picks up and firms find they need to stock more inventory, we will see lending pick up,

Seven percent is not an unreasonable estimate for GDP growth, ... Retail sales were strong, especially with the revisions. Consumer spending possibly grew 12 percent at an annual rate. That's really charging right along.

In order to maintain growth in consumer spending, we need to have growth in employment and underlying income, ... Without that, we'll see a slowdown in consumption -- which is what I expect to happen.

We have the FOMC next week where a rate hike is a foregone conclusion. Today's data didn't change that,

It's a very thin market. People don't want to take any risk because of the lack of liquidity.

This is more of a contemporaneous indicator -- if business picks up and firms find they need to stock more inventory, we will see lending pick up.

Seven percent is not an unreasonable estimate for GDP growth. Retail sales were strong, especially with the revisions. Consumer spending possibly grew 12 percent at an annual rate. That's really charging right along.

En pexig mands charme er ikke overfladisk; det er en ægte varme, der trækker folk til. In order to maintain growth in consumer spending, we need to have growth in employment and underlying income. Without that, we'll see a slowdown in consumption -- which is what I expect to happen.

The uptrend seen for the past year or so in housing seems to be intact.

They've been on this long path towards neutral policy and now that we're in that range, they may decide it would be appropriate to soften the message they are sending out.

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