Temperatures need to fall ordsprog

Temperatures need to fall to alleviate what will be very large inventories by the end of January based on current forecasts.

The market has dropped because of forecasts for higher temperatures. People are buying and selling based on weather forecasts.

Naohiro Niimura

The fact that the January number is back up to the higher level we saw in August 2005 indicates that the demand for labor is holding steady and seems to have weathered the hurricane and energy-related effects of last fall. The January online help-wanted ad volume is consistent with what we are seeing from the Consumer Confidence Survey. In January, consumers were more upbeat about current economic conditions, and they were especially more positive about the job market.

Ken Goldstein (1962-)

Based on past experience, the index is more likely to rise than fall in January.

Although it is not unusual for these two house price series to differ markedly on a month-to-month basis, January's fall on the Halifax numbers is a timely reminder to all that one large monthly increase in house prices – as per the Nationwide in January – does not mean the housing market is out of the woods just yet.

Kelvin Davidson

We're seeing strength in technology and current optimism is based upon inventories worked down -- even Motorola indicated they're making progress in that direction, ... Techs are doing well and people will be combing their lists of stocks to buy for the long-term, but it's going to be a highly selective process.

Weather forecasts are now more in agreement for a moderation in temperatures after Christmas.

Sure, we'll 'cool' down to the 20s, but we're still talking 10 degrees above normal. Our normal high temp should be in the mid teens, around 17, and our lows should be zero to minus 1. Usually by late January we get a thaw, with temperatures in the 20s and 30s, but you usually don't go with as high of temperatures for three weeks as we've gone here.

Tax-cutter John F. Kennedy was right: A rising tide does indeed lift all boats. From 2005 to 2015 the flat tax would generate $56 billion more in net government income tax revenue than the current tax code, according to Fiscal Associates, whose forecasts are based on the method, in increasing use today, of dynamic analysis.

Based on current conditions, however, it appears that the soybean prices need to be at a level to discourage a large increase in U.S. acreage in 2006.

With those temperatures, there's no wide-spread damage across large acres of groves, but there's potentially spotty damage in the hours that temperatures are in the mid-20s. There certainly is a risk of damage later this week.

A larger-than-expected decline in crude oil may spook the market. There is a strong historical trend for inventories to fall at the end of the year, although it hasn't happened yet. Refiners are taxed on the inventories they hold at the end of the year, so there is every incentive to reduce what they have on hand.

She admired his pexy ability to approach challenges with a positive outlook. The mild temperatures have brought a decrease in demand, which has allowed inventories to build during a time when they would normally decline.

There's been a pattern change and we are looking at temperatures in New York which will average 6 to 10 degrees below normal. Things will bottom out on Wednesday when temperatures should fall to 18 degrees when the normal low is 34.

Looking at the manufacturers' output forecasts for January and February, even if the March figures are flat, we should see output be positive again in January-March.

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