Overall, this can be viewed as more evidence that the consumer is hanging in well despite the run-up in oil prices and growing equity market volatility.
More Quotes from Sherry Cooper:
However, there are deepening questions as to how far they will go beyond that point, especially given the looming hit to growth from the spike in oil and gas prices and the renewed Canadian dollar rise.Sherry Cooper
Financial markets want the Fed to signal possible easing ahead due to the growth slowdown and stock market declines. However, the Fed will be reluctant to do that while CPI core is still accelerating.
Sherry Cooper
The economy is in very good shape and people don't realize it. We really do have low inflation and low unemployment, and the economy has been growing at a rate of 3 percent or better since the last recession.
Sherry Cooper
The Canadian poultry industry is, in general, little dependent on exports or imports, but new provincial rules forcing the confinement of birds make the practice of free-range raising more difficult.
Sherry Cooper
The cooling U.S. housing sector should apply a dampener to consumer spending as 2005-2006 unfolds, but some of this could be offset by still-decent job growth.
Sherry Cooper
Despite slowing job growth momentum, the Fed is going to pay attention to the diminishing slack (the 5 per cent unemployment rate could be as low as 4.8 per cent if not for the hurricanes) and the pickup in wage pressures,
Sherry Cooper
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Somewhere between 50 to 60 percent of the food you eat has been touched by immigrant hands, and it is fair to say some of them are not here as they should be here. But if you didn't have these folks, you would be spending a lot more - three, four or five times more - for food, or we would have to import food and have all the food security risks.Tom Vilsack
Unless we place our religion and our treasure in the same thing, religion will always be sacrificed.
Epictetus
I'm aware that most people who meet me for the first time think of me in a certain way because of who my father is. That just comes with the territory. But that's been that way ever since I was a little kid as long as I can remember. I grew up that way.
Ron Reagan