Quotations
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Ian Shepherdson Quotes
«The data suggest real consumers' spending rose marginally last month -- but we still expect only a 1.5 percent annualized increase in the fourth quarter,»
Author: Ian Shepherdson
«It is impossible to tell how much of the drop simply reflects the inability of the seasonal adjustment to cope with the end of the auto retooling shutdowns, and how much is due to the underlying trend,»
Author: Ian Shepherdson
«Maybe there would have been a rebound this month had it not been for Iraq, but that is beside the point; the message here is that businesses are hunkering down,»
Author: Ian Shepherdson
«The drop in the headline sentiment index likely reflects war fears and may well be mirrored in Thursday's Philly Fed,»
Author: Ian Shepherdson
«There's no question that these numbers have been persistently disappointing in recent weeks, ... It's not that layoffs are accelerating again -- we think the underlying trend [of claims] is stable at about 390,000 -- it is that we expected clearer signs of an outright decline [in the number of claims].»
Author: Ian Shepherdson
«We think the trend in layoff is downwards, ... but we're not yet ready to argue that all the danger has passed.»
Author: Ian Shepherdson
«[Tuesday's housing-start] numbers support our view that residential investment likely rose by about 5 percent [on an annual basis] in the fourth quarter -- perhaps enough to make the difference between positive and negative GDP,»
Author: Ian Shepherdson
«If low interest rates mean [Thursday's ISM] reading can be sustained, then the economy appears set for takeoff,»
Author: Ian Shepherdson
«We remain of the view that the Fed's near-term objective is simply to support the stock market until consumer and business sentiment improves,»
Author: Ian Shepherdson
«The big question now is whether the ISM survey will follow the Philly down and dip below 50,»
Author: Ian Shepherdson