The sharper-than-expected PPI decline will undoubtedly raise the stress level of Federal Reserve officials at the next policy meeting since it tells us price trends are moving dangerously in the wrong direction, ... The only consolation, however, is that this report was dominated by energy price declines. Outside of the food and energy price components, price trends appear to be stabilizing.
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The new-home sales market is the canary in the coal mine. Builders have a better clue as to what the right price is to move a house.Anthony Chan
This gives the Fed license to continue executing monetary policy. If they see any signs of slow growth in employment, industrial production, or retail sales, they certainly have the green light to make another cut. They have total flexibility to do whatever it takes to prevent a recession.
Anthony Chan
With high productivity and low inflation, expectations of long periods of prosperity are very reasonable.
Anthony Chan
These numbers are suggesting that a future Federal Reserve tightening will be coming to a theater near you quite soon.
Anthony Chan
It's probably going to subtract 0.8 percent from gross domestic product growth this year.
Anthony Chan
One thing to keep in mind is that Challenger's numbers are not seasonally adjusted. Therefore, when you make comparisons, you really have to make them on a year-to-year basis,
Anthony Chan
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