You're going to see continued cost discipline. So when growth comes it won't be spent on things like wage increases, but will flow to the bottom line.
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The number itself wasn't very surprising, ... (Federal Reserve Chairman Alan) Greenspan's comments last week that the trade gap might start getting smaller raised attention and some hopes. But I didn't agree with him about that.Ethan Harris
We think inflation is going to remain benign going forward.
Ethan Harris
This is why people talk about radical moves down in the dollar. They just can't see an improvement of the trade balance happening any other way.
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Even in a healthy economy, you have layoffs, ... The Challenger number is more useful as a story telling device than an indicator.
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