It's a good time to make sure your debt is at a reasonable level.
Carl Tannenbaum
Hiring was cautious in October. Aside from companies not being able to operate because of the hurricanes, many businesses might have been in a state of suspense as they assessed damage to their operations and to the economy that might have resulted from these storms.
suspense economy storms state damage
We've been able to achieve great things amid great challenges- including the stock market crash of 1987, the bursting of the stock bubble in 2000, two wars and the September 11, 2001, terror attacks. Alan Greenspan might be thought of as our most valuable economic player.
thought terror achieve market things great wars
time good debt
Outside of Detroit -- and outside of the gulf region -- there are signs that the economy is still doing very well.
economy signs detroit
It's not what we'd like to see.
While companies have bigger stacks of chips to play with, they still remain hesitant to put many of them into the pot.
play
Eighteen years of excellence has earned Greenspan the benefit of the doubt when blame is being allocated.
doubt excellence blame benefit
We've given the auto industry steroids, and we might be looking at a period of withdrawal as auto companies wean themselves from these stimulants
industry
Unfortunately, I don't think the news tomorrow morning will put smiles on any faces.
morning tomorrow news smiles faces
It has surprised all of us that the economy has performed so strongly, but we think that the accumulated influence of higher rates both in the market and by the Fed will begin to take a little bit of starch out of the economy.
influence market economy begin
You must log in to post a comment.
There are no comments yet.