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The Dow breaking above 11,000 might be a nice holiday present for the U.S. economy in that it should boost the confidence of both consumers and businesses and lay the basis for a livelier-than-expected 2006.


John Lonski

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More John Lonski

We had a bit of a relief rally. And perhaps there's the sense that the Fed is finished for now.
JOHN LONSKI I wouldn't be especially concerned about a major episode of financial distress resulting from the re...
JOHN LONSKI The Fed's not finished. More rate hikes loom.
JOHN LONSKI When you have a treasury yield curve invert by at least 50 basis points for a six-month duration we ...
JOHN LONSKI It's possible that if businesses feel more confident about the future, given that the Dow has broken...
JOHN LONSKI That will enhance the pricing power of remaining producers.
JOHN LONSKI That's a prime example of where higher energy prices can rein in core [non-energy] inflation.
JOHN LONSKI Travel is good, restaurant sales are brisk, and we find an acceleration of retail sales that surpris...
JOHN LONSKI Today's extraordinarily low real borrowing costs just might spare the U.S. economy from another ener...
JOHN LONSKI What we are seeing is a relatively low level of unemployment claims.
JOHN LONSKI As certain as it is that the sun rises in the east, the Fed will be hiking its benchmark interest ra...
JOHN LONSKI Taken together, the jump in non-manufacturing activity and the earlier report from ISM of robust man...
JOHN LONSKI There is no better mix for the housing outlook than to have benchmark Treasury yields decline amid a...
JOHN LONSKI One would have argued that the reduction in supply would have made the bidding stronger.
JOHN LONSKI He was not especially gloomy about long-term economic prospects,
JOHN LONSKI If nothing else, a flat-to-inverted Treasury yield curve is the financial market's way of telling po...
JOHN LONSKI He'll want to do whatever is necessary to counter this exaggerated image of 'Helicopter Ben'. That m...
JOHN LONSKI Unless energy prices ease, the holiday shopping season will probably be mediocre at best.
JOHN LONSKI What we have here is a dangerous mix of fast-growing debt and fast-rising unemployment that could qu...
JOHN LONSKI No quick recovery. It's going to be a struggle for the U.S. economy to get back up to its trend rate...
JOHN LONSKI The troubling fact is that even if we take out the effect of the hurricane, we're still left with a ...
JOHN LONSKI This could mark a turning point. After all, the Fed was right, the latest slowdown was temporary and...
JOHN LONSKI The big surprise here is that even if we take out auto dealership and gasoline station sales, we're ...
JOHN LONSKI The fact that oil is remaining above $40 leaves me all the more convinced that core CPI will continu...
JOHN LONSKI It looks as though core inflation is back. We have the core CPI now growing at an average monthly ra...
JOHN LONSKI The decline by the PPI overall and the dip by the core PPI is very much consistent with the general ...
JOHN LONSKI The U.S. economy is slumping.
JOHN LONSKI Five years of having equity market growth of 25 percent a year seems to be a thing of the past. The ...
JOHN LONSKI The credit market right now is bracing for some bad news. Yields should continue heading higher unti...
JOHN LONSKI Right now the market is in a bearish mood. Sometimes it's good to be reminded that the market is not...
JOHN LONSKI The dollar's rise against the yen is more of a recovery against the dollar's oversold position again...
JOHN LONSKI This largely explains why the credit market shrugged the number off. And the LEI up three-tenths (of...
JOHN LONSKI It gives the Federal Reserve more leeway to cut rates. But I don't believe that a BOJ rate cut means...
JOHN LONSKI I think there's a very good chance we could see the Federal funds rate rise to at least 5.25 percent...
JOHN LONSKI You look at this and all you can say is, yes, monetary policy remains accommodative, it's not even n...
JOHN LONSKI Despite the slippage in home sales there is no evidence of any nationwide softening of home prices, ...
JOHN LONSKI You look at this and all you can say is, yes, monetary policy remains accommodative, it's not even n...
JOHN LONSKI Largely because of the hunkering down related to this Iraq uncertainty,
JOHN LONSKI I think there's a very good chance we could see the Federal funds rate rise to at least 5.25 percent...
JOHN LONSKI It gives the Federal Reserve more leeway to cut rates, ... But I don't believe that a BOJ rate cut m...
JOHN LONSKI This largely explains why the credit market shrugged the number off, ... And the LEI up three-tenths...
JOHN LONSKI The credit market right now is bracing for some bad news, ... Yields should continue heading higher ...
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JOHN LONSKI The dollar's rise against the yen is more of a recovery against the dollar's oversold position again...
JOHN LONSKI The Fed's not finished,
JOHN LONSKI Five years of having equity market growth of 25 percent a year seems to be a thing of the past, ... ...
JOHN LONSKI The U.S. economy is slumping,
JOHN LONSKI It looks as though core inflation is back, ... We have the core CPI now growing at an average monthl...
JOHN LONSKI The decline by the PPI overall and the dip by the core PPI is very much consistent with the general ...
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JOHN LONSKI The big surprise here is that even if we take out auto dealership and gasoline station sales, we're ...
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JOHN LONSKI It just hasn't happened, and it probably won't happen simply by changing corporate tax legislation, ...
JOHN LONSKI The underlying theme (in the Fed's statement) is the same but the Fed added the statement on the pot...
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JOHN WAYNE I've loved reading all my life.
JOHN WAYNE Nothing is so discouraging to an actor than to have to work for long hours upon hours in brightly li...
JOHN WAYNE I'd read up on the history of our country and I'd become fascinated with the story of the Al...
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JOHN WAYNE Real art is basic emotion. If a scene is handled with simplicity - and I don't mean simple - it&...
JOHN WAYNE In westerns, you meet a hardy bunch of characters. There is no jealousy on such pictures.
JOHN WAYNE I was sure I'd set the world on fire, and it was hard for a young feller like me to realize the ...
JOHN WAYNE I don't feel we did wrong in taking this great country away from them. There were great numbers ...
JOHN WAYNE All I'm for is the liberty of the individual.
JOHN WAYNE Nobody should come to the movies unless he believes in heroes.
JOHN WAYNE When you come to see a picture of mine, I want you to know that I'm not going to do anything tha...
JOHN WAYNE You learn a lot more from the lows because it makes you pay attention to what you're doing.
JOHN ELWAY I've experienced the highest of highs and lowest of lows. I think to really appreciate anything ...
JOHN ELWAY If you're not making mistakes, then you're not doing anything. I'm positive that a doer ...
JOHN WOODEN Surrealism had a great effect on me because then I realised that the imagery in my mind wasn't i...
JOHN LENNON Take care, be kind, be considerate of other people and other species, and be loving.
JOHN LITHGOW Buildings should serve people, not the other way around.
JOHN PORTMAN No man is an island, entire of itself; every man is a piece of the continent.
JOHN DONNE Self-righteousness has killed more people than smoking.
JOHN MCCARTHY If you don't interfere with me, I'll always do something really good.
JOHN MALKOVICH I think people took Grenada for what it turned out to be, which was a very specific incident and fro...
JOHN NEGROPONTE Generalizations, like brooms, ought not to stand in a corner forever; they ought to sweep as a matte...
JOHN LUKACS Well, if you're true to yourself you're going to be true to everyone else.
JOHN WOODEN The mind is its own place and in itself, can make a Heaven of Hell, a Hell of Heaven.
JOHN MILTON I'm not interested in my legacy. I made up a word: 'live-acy.' I'm more interested i...
JOHN GLENN The loss of wealth is loss of dirt, as sages in all times assert; The happy man's without a shir...
JOHN HEYWOOD Those who agree with us may not be right, but we admire their astuteness.
JOHN HEYWOOD Would ye both eat your cake and have your cake?
JOHN HEYWOOD When all candles be out, all cats be grey.
JOHN HEYWOOD Written by a sponge dipped in warm milk and sprinkled with sugar.
JOHN CIARDI It is easy enough to praise men for the courage of their convictions. I wish I could teach the sad y...
JOHN CIARDI What has any poet to trust more than the feel of the thing? Theory concerns him only until he picks ...
JOHN CIARDI Every game ever invented by mankind, is a way of making things hard for the fun of it!
JOHN CIARDI A university is what a college becomes when the faculty loses interest in the students.
JOHN CIARDI Poetry lies its way to the truth.
JOHN CIARDI Intelligence recognizes what has happened. Genius recognizes what will happen.
JOHN CIARDI Nothing goes further toward a man's liberation than the act of surviving his need for character.
JOHN CIARDI The day will happen whether or not you get up.
JOHN CIARDI You don't have to suffer to be a poet; adolescence is enough suffering for anyone.
JOHN CIARDI Modern art is what happens when painters stop looking at girls and persuade themselves that they hav...
JOHN CIARDI The classroom should be an entrance into the world, not an escape from it.
JOHN CIARDI With any of the movies I've had a chance to do, or any of the TV shows I've had a chance to ...
JOHN CENA The deep joy we take in the company of people with whom we have just recently fallen in love is undi...
JOHN CHEEVER Lay this unto your breast: Old friends, like old swords, still are trusted best.
JOHN WEBSTER Old friends are best.
JOHN SELDEN They say stay in the lines, but there's always something better on the other side.
JOHN MAYER Rome was not built in one day.
JOHN HEYWOOD You win by working hard, making tough decisions and building coalitions.
JOHN ENGLER I love the description of Gothic churches before the printed word, that they were the bibles of the ...
JOHN MCGAHERN The last thing on my mind was to be an actor, but I had a crush on a cute girl in the drama departme...
JOHN RATZENBERGER He who laughs most, learns best.
JOHN CLEESE Some people feel fulfillment from a bitter end - it gives them some sort of sense of reality. But, w...
JOHN BOYEGA I've never eaten just a few bites of things I liked in my life.
JOHN MADDEN The main ingredient of stardom is the rest of the team.
JOHN WOODEN A coach is someone who can give correction without causing resentment.
JOHN WOODEN Just try to be the best you can be; never cease trying to be the best you can be. That's in your...
JOHN WOODEN If you don't have time to do it right, when will you have time to do it over?
JOHN WOODEN Things turn out best for the people who make the best of the way things turn out.
JOHN WOODEN Where all is but dream, reasoning and arguments are of no use, truth and knowledge nothing.
JOHN LOCKE It is of great use to the sailor to know the length of his line, though he cannot with it fathom all...
JOHN LOCKE It is one thing to show a man that he is in an error, and another to put him in possession of the tr...
JOHN LOCKE The only fence against the world is a thorough knowledge of it.
JOHN LOCKE It doesn't matter how long my hair is or what colour my skin is or whether I'm a woman or a ...
JOHN LENNON I believe in God, but not as one thing, not as an old man in the sky. I believe that what people cal...
JOHN LENNON I believe time wounds all heels.
JOHN LENNON The thing the sixties did was to show us the possibilities and the responsibility that we all had. I...
JOHN LENNON When you're drowning, you don't say 'I would be incredibly pleased if someone would have...
JOHN LENNON If someone thinks that love and peace is a cliche that must have been left behind in the Sixties, th...
JOHN LENNON I'm not going to change the way I look or the way I feel to conform to anything. I've always...
JOHN LENNON You don't need anybody to tell you who you are or what you are. You are what you are!
JOHN LENNON Time you enjoy wasting, was not wasted.
JOHN LENNON All men are liable to error; and most men are, in many points, by passion or interest, under temptat...
JOHN LOCKE In response to the challenge of strangers, sport arose as a sublimated representation of a community...
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JOHN BARROWMAN You have to keep persevering. An actor goes to a lot of auditions and doesn't get the part.
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JOHN MELLENCAMP A day of worry is more exhausting than a week of work.
JOHN LUBBOCK So much of what we do is ephemeral and quickly forgotten, even by ourselves, so it's gratifying ...
JOHN WILLIAMS Remaining childish is a tremendous state of innocence.
JOHN LYDON There's rock n' roll in hip-hop, there's rock n' roll in pop music, there's rock...
JOHN VARVATOS Get off your horse and drink your milk.
JOHN WAYNE The ones who are crazy enough to think that they can change the world are the ones who do.
JOHN MCAFEE I can never consent to being dictated to.
JOHN TYLER There, I guess King George will be able to read that without his spectacles!
JOHN HANCOCK When you have a regime that would be happier in the afterlife than in this life, this is not a regim...
JOHN BOLTON Well, you could take several stories off the buildings of most U.S. government agencies and we'd...
JOHN BOLTON You don't need to spend tens of millions of dollars on political consultants to tell you what yo...
JOHN BOLTON Diplomacy is not an end in itself if it does not advance U.S. interests.
JOHN BOLTON Just as the Security Council was largely irrelevant to the great struggle of the last half of the tw...
JOHN BOLTON I'm a conservative Republican. I have been since I was 15 years old and participated in the '...
JOHN BOLTON People say you favor assassination, what do you think war is? Except that it's assassination on ...
JOHN BOLTON There's no religious test under the constitution. That's what it says. Period.
JOHN BOLTON North Korea is going to get away with keeping its nuclear weapons.
JOHN BOLTON I think that, especially among conservatives, there's a clear understanding that there are three...
JOHN BOLTON A lot of people have said to me, 'That's a great idea, running for president. You'll get...
JOHN BOLTON