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Ian Shepherdson Quotes

This will doubtless shock the markets, and makes an October rate cut more likely, but it does not change the outlook for a near-term recovery... Falling employment, rising unemployment lag activity. These numbers reflect the second quarter economic stall. - Ian Shepherdson

Tags

Doubtless | Shock | Markets | October | Rate |

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Claims have now been essentially static for three months, so even if the latest declines turn out to be unsustainable, the data will still show that the trend is no longer rising rapidly, and may not be rising at all... It looks like the worst of the worst is now over in the labor market. - Ian Shepherdson

This strongly suggests that core finished goods' prices will slow over the next few months. - Ian Shepherdson

Overall, still quite strong, but a bit disconcerting nonetheless. - Ian Shepherdson

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