Steve Stanley (born 1970) is an American music historian, reissue producer, graphic artist, musician, and the founder of Now Sounds, a reissue record label established in 2007 and distributed by Cherry Red Records. (wikipedia)
Our goal is to NOT have that become a retail center.
Without a doubt, the decline mainly reflects the run-up in gasoline prices.
At the same time, notwithstanding the lack of job creation, the economy is generally strong.
There have been a number of strong offsetting influences on consumer moods so far this month. Obviously, the two biggest negatives are the shaky jobs situation and rising gasoline and energy prices,
The gain was smaller than we had expected, and much of it came in utility usage, reflecting the extremely cold weather in the period.
He tried as best as possible to stick to the Fed script and to avoid making waves.
To the extent that the Fed has emphasized how important benign inflation expectations are in maintaining price stability, ... the June results are disturbing.
The bottom line is that, with employment and income gains picking up, it will take mortgage rates a lot higher than 6.24 percent to choke off housing demand. We will probably get to a level of rates that bites eventually, but certainly not in the next few months.
Once we get a few strong payroll gains, the tightening cycle will commence. That could be three months away or another year away. No one, including Greenspan, knows the timeframe; but make no mistake, tightening is coming sooner or later.
Once we get a few strong payroll gains, the tightening cycle will commence, ... That could be three months away or another year away. No one, including Greenspan, knows the timeframe; but make no mistake, tightening is coming sooner or later.