Another wacky segment which I caught yesterday afternoon featured a woman from Barclays named MichelleMeyer. Apparently she was a rising star at...ah..... Lehman. Now she's chief economist at Barclays Capital, having been absorbed along with some other remnants of Dick Fuld's failed investment bank. The topic of interest to me was one on which I'm planning another post, as well- a return...
Star economic analyst MichelleMeyer warns that those of us looking at today's miserable jobs numbers or focusing on the economic distortions from Cash for Clunkers are going to miss the recovery. From CNBC: Join the conversation about this story »
"We believe businesses will have to start to increase hours worked and payrolls around the turn of the year since they cannot expect their current work force to sustain such rapid productivity growth," said MichelleMeyer, an economist at Barclays Capital.
... would do the Fed much good at this point to alter that language," said Barclays Capital economist MichelleMeyer. "They're much more concerned about the sustainability of the recovery ... rather than inflation concerns."The Fed will issue a statement around 2:15 p.m. (1915 GMT) on Wednesday. While it is expected to nod to modestly encouraging economic signs, analysts expect a cautious...
Back a few weeks ago, I wrote this post concerning the effects of government-directed rewriting of mortgage contracts. Of particular interest that day were the comments of former Lehman economist, now Barclays Capital chief economist, MichelleMeyer. Coincidentally, I noticed an explosion of hits on this blog today due to searches on Miss Meyer. How propitious. Because this morning,...
September Sales of US Existing Homes Jump More Than ForecastBloomberg“The rapid gain in home sales over the past few months likely owes in large part to the homebuyer tax credit,” MichelleMeyer, an economist at Barclays …US Sep Existing Home Sales rises 9.4% to 5.57 millions annual rateFXstreet.com The Futures Marketall 28 news articles »
... in home sales is still higher amid greater affordability and an improving economic outlook," said MichelleMeyer, an economist at Barclays Capital in New York.Despite the bullish report, U.S. stock prices fell as investors fretted over disappointing results from chip maker Broadcom Corp and silicon producer MEMC Electronic Materials Inc, which bucked a recent trend of solid earnings...
... Oct. 20? BusinessWeek compiled comments from some Wall Street economists and strategists: MichelleMeyer, Barclay's CapitalHousing starts inched up 0.5%, to 590,000, in September, below consensus expectations of 610,000 and our forecast of 615,000. The data were revised to show weaker starts over the prior two months. The weakness owed to multifamily starts, which fell 15.2% in September,...
... by 7.6 million to 15.1 million,” the report notes. Some economists are determined to be gung-ho. MichelleMeyer of Barclay Capital was quoted by The New York Times as saying: “Despite [the] disappointing employment report, we remain convinced that we are in the beginning stages of the economic recovery.” Former Fed chairman Alan Greenspan, however, is glum. Speaking on the television...
