In today's integrated global economy, given the liquid nature of capital flows, an individual trade balance doesn't mean so much. A lot of the anxiety is overblown.
More Quotes from David Resler:
We're going to get some extra employment growth as people displaced by the hurricanes find their way back into the job market, and that's likely to continue in the first few months of this year.David Resler
It's nothing short of incredible. It's not enough to send me scurrying to raise my forecast for next year, but it's pointing toward considerable momentum going into the new year. It gives me more confidence we're going to be able to maintain strong growth in the first half.
David Resler
The Fed is on hold indefinitely. It doesn't mean they won't make another move this year, but there is too little information to make another rate move in September.
David Resler
In the past few years, money supply has moved inversely with stock price movements, and that's probably where the weakness has come from.
David Resler
All of this, in terms of the FOMC becoming data dependent, comes as no surprise, and the new Fed chairman has an open agenda from which to work.
David Resler
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Based on Topics: Balance Quotes, Capital QuotesBased on Keywords: overblown
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