We have seen China's economy growing at 8-9% over the past few years and in particular within the telecom industry there has been rapid developments in technology and innovation enhancements,
We have seen a string of numbers that suggest the U.S. economy is losing some momentum, which really is a perfect environment because it's not as if growth is grinding to a halt.
We have seen a contemporaneous slowdown of the Mexican economy with that of the U.S., but it has not been disastrous for Mexico,
We have saturated Europe with oil. And as any economics handbook will tell you, excessive supply makes prices fall. But we do not have the means to decrease supply: all our (oil) exports are directed at Europe.
We have to get used to the fact that the emergency level of the fed funds rate is behind us, ... The sooner we become cognizant of the fact that the global economy won't be crushed and corporate earnings won't roll over, the sooner the market will fight its way to trend higher.
We have no real idea what the number next week will be, but we can be pretty sure that for the next few weeks the data will tell us next to nothing about the state of the economy across the country outside the areas hit by the storm.
The power behind this rally seems to be unstoppable, notwithstanding the concerns about a slowing economy because of the rate rise. We don't see any signs of that.
The potential is that there could have been a surprise that could have influenced the Fed next Tuesday, and clearly that hasn't happened. But employment is a lagging indicator. So the report is not a reflection of where the economy is going, but where it's been.
The potential for the euro to fall is pretty limited from here. The dollar is not going to get the same support we saw last year from rates now, and the euro zone economy is looking more solid.
The potential for growth at Harrah's Cherokee as an employer, contributor to the local economy and a business asset for the Eastern Band is tremendous.