The main thing is cost-savings which radiate out in the form of lower prices for high-tech goods, and higher profit margins for the companies,
More Quotes from Nariman Behravesh:
Let's be clear -- for the next couple of months the employment numbers are going to look terrible. There's going to be a lot of noise and problems gathering the data, so it's going to be tougher than usual to sift through the tea leaves and really get at the heart of what's going on here.Nariman Behravesh
While inflation remains tame, inflationary pressures keep building. Thus, the Fed can't let its guard down.
Nariman Behravesh
The most pleasant surprise and remarkable development in 2005 has been the resilience of the US and Asian economies to record high oil prices.
Nariman Behravesh
Bush has probably made the best choice among the top contenders for the post and one that is likely to reassure financial markets.
Nariman Behravesh
The Fed can take comfort in the fact that core inflation remains tame, despite some modest inflationary pressures - gradually rising wage inflation, tighter capacity constraints and higher oil prices.
Nariman Behravesh
It is encouraging that core inflation in 2005 was no higher than the year before even though we had record oil prices. From that perspective, the Fed can feel confident that inflation won't get out of control.
Nariman Behravesh
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