My view changed dramatically just yesterday.
"Tim Rogers" is an Australian musician, actor and writer, best known as the frontman of Australian rock band You Am I. He has also recorded solo albums with backing bands. As of July 2013, Rogers has released 12 albums with You Am I and five solo albums.
More Tim Rogers on Wikipedia.Even though the Fed is raising rates and stocks are volatile, we haven't seen much impact on either income growth or consumer confidence, which will provide support for spending in the second half of the year.
The numbers are starting to suggest we're not going to see a big downward move in November and it will maybe be pushed back to next year.
It's a darn good start to the first quarter.
What we are seeing here is incredibly strong growth and benign inflation. A 1.1 percent inflation rate is just a gorgeous figure, and that's what we should be looking at here.
Everybody comes to the house and looks at the basement. It takes them a good half-hour to actually sit down and look at everything on the wall.
A one month bump here or there really doesn't mean that much, ... These are hard numbers, and it's somewhat encouraging compared to what we're seeing from survey data.
[Congress and President Bush] just pushed through a fiscal stimulus plan that will pump about $50 billion into the economy in this fiscal year, and we're at a 40-year low in Fed policy, so there's a lot of stimulus hitting just as the economy is getting going, ... There's no indication of sluggishness here.
The housing sector is finally showing that it isn't resilient to everything.
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