Quotations

Famous Quotations

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Ethan Harris Quotes

«Real estate is a topic that has vaulted to center stage, ... The real reason the topic is hot and belongs on the front page of research reports is that the housing market is becoming more of an engine of economic growth, but is also the biggest risk to future growth if the boom goes bust.»
Author: Ethan Harris
«While the Fed is more than one person, Mr. Greenspan's retirement means less confidence in the Fed, with somewhat greater risk of both financial market instability and inflation.»
Author: Ethan Harris
«We've been trying to see whether the improvement of the economy and financial market will carry the day in terms of consumer confidence, or if worries about labor will dominate. It looks like the 'glass-half-full' view is winning.»
Author: Ethan Harris
«We don't change our personal consumption forecasts around [the Michigan sentiment index]. But it's a good sign -- I think the consumer will trudge along here, even if they are saddled with high debts.»
Author: Ethan Harris
«I think what people will see is that commentary from Fed officials will sound almost identical to their commentary prior to this meeting. Nothing's really changed at the Fed.»
Author: Ethan Harris
«Fed officials ... likely anticipated some fallout in fixed income markets, ... We believe ... that Fed officials wanted to signal a greater probability of tightening in 2004 than had been priced into markets.»
Author: Ethan Harris
«The consumer is already somewhat vulnerable in the year ahead as the tax-cut effects fade. If we continue to see pressure from energy prices, consumer spending is almost sure to slow down some.»
Author: Ethan Harris
«In the big oil shocks that really damaged the economy, the tax on the consumer was many times more than that, but that alone wasn't enough. You also had to have people worrying that prices were going higher forever.»
Author: Ethan Harris
«With few signs that consumer prices are about to break to the upside ... along with signs that aggregate demand remains robust, we expect the Fed will not only vote to keep rates constant, but will leave the growth and inflation bias statements unchanged.»
Author: Ethan Harris
«This is another of these little hints that we won't get a strong employment number on Friday.»
Author: Ethan Harris

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