270 Quotes by Ian Shepherdson

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 remain of the view that the Fed's near-term objective is simply to support the stock market until consumer and business sentiment improves,

With unemployment set to breach 6 percent over the next few months, people's view of the current economy is bound to deteriorate, ... But expectations are what matter for spending, and at this level the numbers suggest consumers spending will rise, albeit not rapidly.

The wage story is gathering momentum. No wonder the Fed is concerned.

There is nothing to be scared of here. When you take out several one-time gains including apparel, tobacco and lodging, prices were almost unchanged.

Once rebuilding gets underway in earnest in the Gulf Coast, we expect much stronger construction numbers across the board. But that will be a story for the very end of this year and into 2006.

The new Fed Chairman clearly expects to have to raise rates a bit further, but the extent of the tightening is dependent on the relative performance of the labor and housing markets.

With three sub-300,000 numbers in the past four weeks, it is beginning to look as though there has been some real improvement in the labor markets this year.

There is nothing in the statement to suggest they're done.