Lara Rhame
Lara Rhame
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We saw the unemployment rate actually holding throughout most of this slowdown, and only about four months ago we were at a 4.5 percent unemployment rate, ... The average recession sees a lot of job losses, so we've got a lot of catching up to do.
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What the current deficit does is make the dollar vulnerable. It means we could see a vicious cycle, where a declining dollar makes U.S. assets less attractive to foreign investors, which weakens our assets further, which puts further pressure on the dollar.
consumer gap hard shutting trade unless
I see the trade gap stabilizing, but it's hard to see it narrowing unless you get the U.S. consumer shutting down.
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Europeans' cries are falling on deaf ears. Their wish that the euro not bear the burden of readjustment will not make it into the G7 statement.
bear burden cries deaf euro falling wish
Europeans' cries are falling on deaf ears, ... Their wish that the euro not bear the burden of readjustment will not make it into the G7 statement.
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Probably the easiest way to think about the Sept. 11 event is to think of bouncing a ball off the roof of a garage onto the driveway, ... The ball's bouncing around, and it's still unclear what the slope of the driveway is. But we can be fairly sure it's sloping up.
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People's outlook for the economy changes much faster than the underlying state of the economy. The Fed tries to keep its eye on the larger ball and not on the ping-pong ball of the stock market.
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As the economy gets more and more dependent on housing being the key driver of growth, the economy becomes more and more vulnerable to that sector slowing down.
tread
At this point, they have very little ammo left, and they will need to tread carefully.
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Consumers will keep us in positive territory, but they're not going to be optimistic enough to fuel economic growth to its potential.
labor seeing several slack
We are still seeing some slack in the labor market, in several different places.
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The trade number at best leaves the dollar where it was and at worst sparks a substantial dollar decline.
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We had a massive jump in the Conference Board measure of consumer sentiment last month, and everybody will be looking for confirmation of that improvement in the Michigan survey.
investors keeps nightmare scenario
That's the nightmare that keeps a lot of investors up at night -- but I just don't think that scenario is realistic.