NEW YORK, Oct 3 (Reuters)- U.S. overnight lending rates dipped on Wednesday, but remained near recent highs as investors looked ahead to key U.S. payrolls data due on Friday for direction as to
the strength of the economic recovery.
I take that as a favorable sign, but at this point, even that strong report says very little regarding
the strength of any economic recovery.
After relatively lacklustre growth for the first three quarters of 2004 (with the notable exception of the Australian market), global equity markets rose strongly in the December quarter, in part reflecting renewed confidence about
the strength of the economic recovery in the US (Graph 20, Table 5).
Each and every one of the numbers has the potential to shed more transparency on the overall
strength of the economic recovery.
«Market concerns over
the strength of the economic recovery brought long - term Treasury yields to new lows this week allowing fixed mortgage rates to reach record levels,» said Freddie Mac chief economist Frank Nothaft.
Not exact matches
The number
of job openings in the U.S. hit a seven - year high in April, reflecting a labor market drawing
strength from the nation's
economic recovery.
«Throughout the recession and tepid, uneven
economic recovery, the
strength and entrepreneurship
of the franchise sector has been a consistent job creator for the U.S. economy,» said IFA president & CEO Steve Caldeira in a statement.
The speed and
strength of Alberta's
economic recovery will not only determine the Conservatives» chance
of re-election but also have a profound influence on Canada as a whole.
Housing Market
Recovery in the Region» About Regional & Community Outreach at the New York Fed The Federal Reserve Bank
of New York regional outreach mission is to promote sustained
economic vitality by leveraging the Bank's
strengths to benefit the people in the District.
China on Wednesday, April 4, 2018 vowed to take measures
of the «same
strength» in response to a proposed U.S. tariff hike on $ 50 billion worth
of Chinese goods in a spiraling dispute over technology policy that has fueled fears it might set back a global
economic recovery.
However, as Neil Dutta, who scans the
economic scene for Bank
of America Merrill Lynch, observes, at least half the
strength in auto output can be traced to the
recovery from Japanese supply chains.
The main uncertainties in the global environment concern the United States, where some slowing in activity is widely expected, and Japan, where the
strength and durability
of the
economic recovery remain uncertain.
A string
of disappointing
economic data could raise questions about the
strength of the US
economic recovery.
He claims the rate
of deficit reduction must be assessed on a day - to - day basis dependent on the
strength and speed
of Britain's
economic recovery.
While the report acknowledges that differences exist between the parties on the speed and
strength of the State
economic recovery, all parties agreed that New York's
recovery will continue.
Economic releases had been slow to indicate the speed
of the
recovery though recent numbers have shown a growing
strength in their measures.
On sufficient improvement in market internals, we would be inclined to establish call option positions that would gradually take us to a significantly less hedged position on persistent market
strength, but we do not expect to eliminate our put option defenses until the combination
of valuations and market action becomes clearly favorable, or until it is reasonable to expect a sustained
economic recovery within a quarter or two.
Dr. Yuwa Hedrick - Wong, Global
Economic Advisor, MasterCard, commented, «The continuing
strength of global tourism is one
of the silver linings
of an otherwise complicated and less - than - satisfactory
recovery since the 2008/09 crisis.
«Single - family permits were up and housing starts reached a 10 - year high in November, which points to continued
economic strength since beginning
of recovery,» said Joseph Kirchner, senior economist for realtor.com ®, in a statement.
RISMEDIA, May 13, 2011 — Fannie Mae's latest national housing survey finds that Americans expressed more cautious optimism during the first quarter
of 2011 than in the fourth quarter
of 2010, but they continue to lack confidence in the overall
strength of the housing market and
economic recovery.
«As the nation's leading advocate for homeownership and housing issues, NAR knows that a strong housing market
recovery is key to the nation's future
economic strength,» said NAR President Moe Veissi, broker - owner
of Veissi & Associates Inc., in Miami.
Still, the housing market lacks sufficient
strength to take the baton from the faltering manufacturing sector as the main driver
of the U.S.
economic recovery.