The PMI is a big upside surprise ... and is at least hinting that services growth stepped up at the end of last year.
More Quotes from Philip Shaw:
The figures are significantly better than expected and may call into question whether the MPC will raise interest rates at its July meeting. Clearly there are no inflationary pressures in the near term.Philip Shaw
Children might inherit certain genes that incline them to interact with their environment in very 'stimulating' ways. This stimulation could then influence brain development. . . . What is less likely is the idea that we are born with a certain set of genes which 'fix' at birth our intelligence and the trajectory of our brain development.
Philip Shaw
And we find the most intelligent children started off with a relatively thin cortex, but it then got thicker relatively rapidly, reached its peak thickness in certain key areas several years later but then also got thinner quicker.
Philip Shaw
While we believe the recent run of stronger high street spending will peter out, a majority of MPC members may differ and we expect official rates to remain on hold at 4.5 percent.
Philip Shaw
Last month's inflation report was about as strong an endorsement of steady rates as one is likely to see. The balance of news has turned around significantly over the past month and we now expect rates to remain on hold at 4.5 for the remainder of the year.
Philip Shaw
Children with the most agile minds have the most rapidly changing cortex.
Philip Shaw
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Based on Keywords: hintingI don't know if there are words to describe my motivation.
Lorrie Fair
If one of two lovers is loyal, and the other jealous and false, how may their friendship last, for Love is slain!
Marie de France
Grace tried is better than grace, and more than grace; it is glory in its infancy.
Samuel Rutherford