The biggest risk to the ongoing expansion, which in June will be in its record 111th month, remains the interest-rate increases at hand and the prospect of still more action by the Federal Reserve Board, ... The data suggest that some sectors may be beginning to respond to Fed tightening.
More Quotes from Ken Goldstein:
We've seen the trade deficit widen each of the last four years at relatively the same pace. What's going to happen because of Asian flu is it will widen twice as fast this year as it did each of the last four years.Ken Goldstein
With slower hiring, and indications that hiring might remain soft in the months ahead, the economy could struggle, setting up a self-fulfilling prophecy.
Ken Goldstein
All the folks writing stories about the double dip ought to just delete that file. There are no guarantees, but the train is leaving the station.
Ken Goldstein
The latest readings on print want-ad volume suggest that job growth won't reach the 200,000-a-month pace for at least the next few months.
Ken Goldstein
The leading economic indicators began to lose a little momentum before the hurricanes and flooding. Domestically, business investment appeared to be headed toward a moderate pace in the third quarter.
Ken Goldstein
The underlying story here is that we have this strong job growth, ... if we continue to have strong job growth - and I think we will - then we will continue to see those wage levels push up.
Ken Goldstein
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My dream, I remember, when I went to boarding school, was to have a study all my own, a little nook someplace where nobody could get at me - nobody, like the football coach.
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I'm not going to get in to an argument with anyone about the relative merits of Judaism and Christianity, and what it means for a Jewish kid to be a Christian - I'm just not interested in that argument.
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