Quotations
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Cary Leahey Quotes
«Economists have to worry that if consumer sentiment remains depressed, spending could follow that down and you could have a much weaker outcome (in terms of economic growth.»
Author: Cary Leahey
«A Fed move in late summer is a high probability bet right now.»
Author: Cary Leahey
«The important thing is not whether the Fed can ease but the fact that people can even ask that question and some intelligent people say if the Fed raises rates in September, it would be a public relations disaster.»
Author: Cary Leahey
«I don't see anything in the speech that is relevant to the near-term outlook.»
Author: Cary Leahey
«If your period of turbulence is less than two or three months, ... then we can probably avoid a downturn.»
Author: Cary Leahey
«There isn't much excitement in the July factory orders numbers. July is payback for a pretty good June and May but any way you slice it, your third-quarter capital spending slowed down quite a bit from previous quarters.»
Author: Cary Leahey
«The bond market doesn't really care about the payrolls data now because you're even getting the crazy question asked about whether the Fed can ease.»
Author: Cary Leahey
«The Fed might skip (raising rates in) September -- but you have to remember that how the world looks today and how it looks on September 20 could be a lot different -- a lot worse or a lot better.»
Author: Cary Leahey
«The market will look at the (consumer confidence) report with the expectation that confidence will still wobble with sky-high levels of gasoline prices and higher natural gas prices for heating homes in the winter, figuring that consumer spending will be hurt down the road.»
Author: Cary Leahey
«This is fairly strong stuff from the Fed. They are worried about the size of Treasury deficits and how that contributes to higher rates down the road.»
Author: Cary Leahey