U.S. consumers are feeling the benefits of higher incomes and are spending more to reflect their good moods, ... Buoyed by record confidence, income growth, and a super-tight jobs market, the consumer is showing no signs of slowing and should continue to propel the U.S. economy.
More Quotes from Sherry Cooper:
There is no longer a shadow of doubt that the U.S. economy is downshifting rapidly the only question is how deep the slowdown goes, ... We do not expect to see recession in 2001, but we certainly expect to see significantly slower growth with continued moderating inflation.Sherry Cooper
When the 10-year yield got to 4.4 percent Tuesday, I said this was probably a short-term buying opportunity and that we would see some correction.
Sherry Cooper
Bearing in mind that the Fed wants higher inflation, the news is not unwelcome. And the market will remain firmly in the camp that the Fed will not tighten soon, ... Nevertheless, the risks from the PPI are easy to see and look real in light of the big decline of the dollar and rise in import costs that preceded them.
Sherry Cooper
The big dip in inventories is a good sign if we are looking for a glimmer of hope here. Maybe we are at a stage where production can pick up again.
Sherry Cooper
Investors appear to view the growing shortfall as a natural by-product of robust U.S. growth and not a sign of flagging competitiveness, ... The concern for financial markets is that if this view ever changes, the fallout would occur rapidly.
Sherry Cooper
Wages are still running a bit hot for comfort, the jobless rate is still quite low and the underlying trend in employment (especially full-time) remains strong.
Sherry Cooper
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Based on Topics: Confidence QuotesBased on Keywords: buoyed
Theater is not to make a living, so I don't have the money pressure.
Dianne Wiest
Facts are stubborn, but statistics are more pliable.
Mark Twain
When you find something where you can give people a message and still make it an exciting movie, you get very, very excited about something. You probably even work harder than you normally do.
Roland Emmerich