October and November ... sales each registered substantial gains (excluding autos), pointing to a reasonable fourth-quarter consumer spending figure when all is said and done.
More Quotes from Sherry Cooper:
This report does not give the Fed clear guidance that core inflation's rise in the PPI is topping out, ... It does, however, hint in that direction.Sherry Cooper
A major outbreak would lead governments everywhere to shut down their borders, or, in effect, ground airplanes, because people would not want to travel, and that would be the end of the major trade in goods and services, at least for some period of time, ... And, given our global supply chains, there would develop shortages in many, many goods, many products, across the world very quickly.
Sherry Cooper
Birth rates would plunge and the average age of the population would increase significantly.
Sherry Cooper
I do think, however, that it is very important that we, as individuals, protect ourselves that businesses make contingency plans and that governments at all levels public health officials everywhere do what is necessary to minimize the danger of a potential pandemic.
Sherry Cooper
While much of the growth surge reflects stellar productivity gains, this pace of growth is way too strong for the Fed,
Sherry Cooper
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