A two-month gain in consumer prices shows that household finances are finally benefiting from the recovery in the economy and corporate earnings.
The U.S. economy won't be able to avoid a slowdown given the damage from Hurricane Katrina on top of crude prices. This is an element of uncertainty in the market that's weighing on stocks.
There's no cloud in the sky right now. Japan's economy is poised for a reacceleration. There's no question about that.
There's no cloud in the sky right now, ... Japan's economy is poised for a reacceleration. There's no question about that.
A possible slowdown in the U.S. economy is clear. Demand for overseas goods cannot be sustained at the current level.