Michelle Meyer - Bank of America Merrill Lynch

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Last quote by Michelle Meyer

The pieces of the puzzle are coming together to point to weakness ahead for the auto sector. The lingering question (is) how quickly the story will evolve.feedback
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May 04 2017
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Michelle Meyer is associated, including Fed and December. Most recently, Michelle Meyer has been quoted saying: “The March inflation reports CPI and PCE [personal consumption expenditures inflation index] were pretty weak. There were one off factors which explain the decline. If they wanted to send a dovish signal, I actually think it will be through the inflation language, sounding a little less confident that they'll see inflation move on to their 2 percent target.” in the article Fed is expected to ignore the fact that the economy barely grew in the first quarter.
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Michelle Meyer quotes

The employment report had everything you could have asked for. It more than offsets the weakness in the prior two months and positions the Fed to hike rates in December.feedback

For the overall economy, the dangerous link to housing is home prices and this report signifies that home prices should fall considerably faster, which could tip the economy back into a recession. We are, however, not quite there yet but this is a worrisome report.feedback

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