We’re getting higher and higher oil prices each day and you’ll continue to see a larger drag on the economy through the summer months.

This notion that there’s just too much tech everywhere contrasts with the fact that there’s actually been a spending improvement,

The soft patch was highly overrated,

Many of the understandable sources of recovery have been expended in the first half of 2002, leaving growth drivers into 2003 a mystery.

We’re not at gas prices that pose some kind of a tipping point.

The consumer’s role in this upturn is going to be the opposite of [his] role in the downturn.

Estimates have to come down, … We’re in for an ugly preannouncement season.

While we don’t take monthly changes in employment too seriously, today’s data were slightly stronger than expected on hiring, but slightly weaker on hours and utilization, thus providing a ‘growth positive’ outlook.

Iraq will be the story until it isn’t any more.

There is no change in course, and markets have already priced in more action.

However, a much larger drag seemed possible after the October surge, and a good portion of the rise will be offset by a gain in inventories in the quarter.

While the U.S. economy is still transitioning, and will for some time, data that should be supporting confidence in the recovery have not worked to ease investor concerns, … We have to wonder if markets...

Business conditions are really slack. The latest rally in stocks doesn’t change that.

Estimates have to come down. We’re in for an ugly preannouncement season.

Seeing a two-year low in confidence in the wake of Hurricane Katrina isn’t that surprising. The news in the month of September has been terrible. The television coverage and the emotional impact of the story...

We’re not expecting an entirely clean read for the durable goods report. The business confidence data began to bottom at the end of June and that’s encouraging. We probably will see modest gains in consumer...

I don’t’ think we’ve seen any sign here that there is an urgency to risk damaging the pace of the upturn. Why rush, why panic?

If demand stays strong and productivity growth slows considerably, this could be a year that could be seen as heading towards traditional overheating of the labor market, with big employment gains,