Sentences with phrase «for seasonal weakness»

Not exact matches

The broad statistics about summer seasonal market weakness argue for selling.
While we believe payrolls and average hourly earnings are both likely to miss consensus estimates, we think the employment report may be somewhat less important than usual for the monetary policy outlook, because 1) recent data have been firm so we have some room for a miss, 2) the August seasonal issue is now well known so even a somewhat larger miss may not significantly alter the staff view, and 3) there are several months between now and December to make up for any weakness in tomorrow's report.
Seeking to further explain the weakness, a number of economists emphasized the recurring pattern evident in quarterly GDP numbers since 2010 — whereby first - quarter growth has averaged less than half the rate for the rest of the year — raising suspicions that seasonal effects may be skewing the data.
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