My feeling is the Fed hasn't clearly indicated that it's fighting a slower economy rather than inflation. Economists and individual investors would like to see the Fed cut rates by 75 basis points and I do believe that would take some of the pressure off the consumer.
I think it's a constructive move. He's an experienced hand who is clearly effective in dealing with bright, energized thinkers. I don't expect the Senate to have many problems with this nomination.
We are in an environment which clearly seems to benefit from a 'feel good' phenomenon.
We are clearly in a consolidation, whether we are in a correction or not remains to be seen,
This attack is clearly visible all over the world on television. Consequently, world equity markets are in turmoil. The uncertainty created by the attacks are likely to bring about more uncertainty abroad.
Higher energy costs will clearly affect individuals and businesses alike, ... It is in fact an invisible tax that the economy could well do without.