True, the fuel for faster recovery is amassing. But that prospect does not materially alter chances that inflation will also remain well anchored.
More Quotes from Robert DiClemente:
People feel generally that we will see some equivalent forward-looking language that guides market expectations to expect action at least into the early part of next year.Robert DiClemente
It's obvious there's a lot of hand-to-mouth production going on, as businesses are still very wary about undertaking big projects or any sort of new activity for a variety of reasons, some intangible.
Robert DiClemente
This to me looks more like what retailers had said, that colder weather in May might have depressed sales in ways that are not really fundamental. Early anecdotal evidence for June shows a snap-back. It would be a big mistake to view this as a sign of a n
Robert DiClemente
The gap between rapid growth and subdued employment is a familiar story reflecting a possible 'once in a lifetime' surge in productivity,
Robert DiClemente
While financial markets are focused on all the gloom ... they risk missing the incipient turnaround in corporate profits. Based on the latest GDP figures, corporate earnings probably bottomed in the third quarter. Firms are making the necessary adjustments to restore profitability by reining in their costs, especially labor compensation.
Robert DiClemente
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