Quotations
Famous Quotations
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John Silvia Quotes
«The evidence so far would suggest we're probably going to have a below-average employment gain in this recovery.»
Author: John Silvia
«Firms are substituting capital -- particularly high-tech capital -- for labor. They're putting smart machines on the factory floor and in the service industry. That may explain why high-tech orders for capital goods have been going up, despite the fact that manufacturers don't seem to be hiring a lot of people.»
Author: John Silvia
«Consumer sentiment numbers are not reflecting economic sentiment, but political or social sentiment. If you were generating an economic forecast of spending from these numbers, you'd be totally wrong.»
Author: John Silvia
«As suggested by the orders data and the ISM survey, the initial stage of inventory replenishment has not been sustained, ... Slower growth ahead remains the most likely outcome.»
Author: John Silvia
«The economic recovery has legs -- those of a pony, not yet a quarter horse.»
Author: John Silvia
«An economy in neutral has started to move forward.»
Author: John Silvia
«Home buyers need something visible on-screen to surprise them, ... If it's the dollar gradually losing another 10 percent or mortgage rates creeping up 1 percentage point, that's not going to do it.»
Author: John Silvia
«If you're going to set a price below market price, you're going to have to have some sort of rationing. I don't care if it's gasoline, prescription drugs or rent control in New York City.»
Author: John Silvia
«Although production in the manufacturing sector may be stabilizing, and perhaps even moving higher, it is still too early to expect an improvement in employment.»
Author: John Silvia
«The market has not seen a negative sharp change in fundamentals, ... You haven't seen a sharp rise in interest rates or a signal that the money isn't there to keep lifting prices.»
Author: John Silvia