It's more important what investors believe, because those people are willing to put their money on the line like that.
I don't necessarily think it'll be a knockout punch, but it'll deliver a blow to economic growth in 2005,
The manufacturing expansion is running out of gas,
The economic numbers were nothing less than sweet. The markets were skittish about escalating energy prices, and that never seemed to recede, even though the economy ignored that and ran.
The economy will expand by 3 percent from here on out, and we will have growth in jobs of about 100,000 to 200,000 per month, and that's it. Get used to it.
Constraints in labor markets generally result in higher inflation, which would be met by a prolonged rate-hiking campaign by the Fed.
If you look at economic data we've received since the beginning of the year, it's been definitively lower than consensus expectations in most cases.
I think the tide is turning in favor of the employee or jobseeker versus the company.
I think the tide is turning in favor of the employee or job seeker versus the company.
It'll be onward and upward for the Fed's tightening cycle.
