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Letter "I" » Ian Shepherdson Quotes
«This is as upbeat a testimony as could reasonably have been hoped for.»
«There is no clear steer on policy in this speech; analysts with different views will read it in different ways.? But we think the Fed chairman knows recovery is here; he just wants to be a bit cautious -- and in both directions, which means no more easing,»
«Looking forward, downside risks remain, and there is clearly no bar on further easing,»
«It will profoundly damage Bush's ability to accomplish his legislative goals, ... drastic reforms of Social Security and Medicare, which would affect the state of public finances in the long run.»
«Mr. Greenspan is at least partly to blame for the turnaround in the fiscal position here -- his musings on the problems of ever-increasing surpluses were a clear green light to Congress to cut taxes.»
«The key question now is how quickly it recovers,»
«Expectations are a leading indicator and are consistent with modest spending gains. Stronger stocks will push the index up further, and soon. This is a good report.»
«There are currently more than a million displaced people, and I don't expect many of them to be back at work by the time of the September payroll survey.»
«We expect a big drop in September: Katrina has depressed sentiment and pushed up jobless claims.»
«We expect a couple of very rough months for consumers spending.»

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