Ian Shepherdson Quotes on Media & News (7 Quotes)

The headline reflects a 3.2 percent rise in gasoline prices. Natural gas and electricity prices were also much stronger than the PPI suggested. The good news is the 0.1 percent core, which supports the Fed's view that transitory factors have boosted inflation in recent months,

The good news is that the expectations index is now more or less in line with the state of the stock market, so any further dips should be modest,

We are not forecasting a recession, but there is some truth to the notion that negative news can be a self-fulfilling prophesy. If companies expect demand to slacken, they scale back production. And if consumers expect doom and gloom, they scale back spending. That's just the way it works.

This is great news. These are very helpful numbers to those -- including us -- who think the Fed will not raise rates next month.

This report does not change the big picture, but it lifts the starting point for growth in both the first quarter and 2003 as a whole good news,

There is a clear change in the tone of the Beige Book, but not all the news is good.

At last some good -- or at least not so bad -- news, ... don't change the overall trade picture, but we think the worst news is over.