After the fireworks we've seen coming out of Washington on Friday and Monday, I think the Fed would like to be the least bit of news this week.
More Quotes from Diane Swonk:
By the end of the year, there will be some builders with some overhang of construction relative to demand, ... Now's the time when you'd hope everybody cools off a bit and moderates their building, but that's not human nature -- and it's not the way for homebuilders to make money in the near term.Diane Swonk
I view the risk as very high that the Fed shifts its bias to tighten (interest rates) sooner than we had forecast. The risk is rising that they will move sooner.
Diane Swonk
He's certainly opened the door to another rate cut.
Diane Swonk
kick back, put up his feet for a bit and not have to carry the burden of keeping the economy going alone.
Diane Swonk
I think the market is tired of Christmas. We've already seen the Christmas reports. As far as the market is concerned, that's old news.
Diane Swonk
There's a difference between good growth and bad growth at this stage of the cycle and this is clearly not the kind of inflationary growth that the Fed gets overly concerned about,
Diane Swonk
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