Quotations
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Lara Rhame Quotes
«You had big components down that should not be down, such as appliances, furniture and building materials. These should be stronger given the robust housing market.»
Author: Lara Rhame
«People's outlook for the economy changes much faster than the underlying state of the economy. The Fed tries to keep its eye on the larger ball and not on the ping-pong ball of the stock market.»
Author: Lara Rhame
«This shows our big reliance on imports and foreign capital. As the dollar weakens, that becomes a more and more expensive habit. It makes our imports more expensive, makes the trade deficit wider, makes us even more dependent on foreign capital, weakening the dollar, on and on -- it's a vicious cycle.»
Author: Lara Rhame
«Stocks usually lead us out of a recession, but not this time. That throws in a whole new level of uncertainty about how businesses are going to behave. We don't know if there will be enough business confidence without stocks coming back.»
Author: Lara Rhame
«The Fed really comes in in situations where the capital markets stop functioning. This not that situation. They're functioning just fine -- they're just really negative.»
Author: Lara Rhame
«We had a couple of gains in the sector, but ... there's a difference between a bounce and a sustained level of gains. That's one of the things we're trying to find out, and it looks [right now] more like we had a bounce.»
Author: Lara Rhame
«Oil prices are volatile enough that you can't focus on one day's move. But later in the year, a combination of robust global [economic] recovery and tension in the Middle East are really ingredients for a big spike in oil prices, and that can truly spell disaster for an economy.»
Author: Lara Rhame
«A lot of people don't understand that the ISM number is not actually an output number. It's the equivalent of consumer confidence, but for businesses. So certainly outlook has improved, but it remains to be seen how clearly that will translate into actual activity.»
Author: Lara Rhame
«I don't think there's really any doubt the housing market remains extremely robust and growing. I had expected housing to fade. Now that we're out of recession, I don't really know what would knock it down at this point.»
Author: Lara Rhame
«We had a massive jump in the Conference Board measure of consumer sentiment last month, and everybody will be looking for confirmation of that improvement in the Michigan survey.»
Author: Lara Rhame