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Lara Rhame Quotes
«[Policy makers'] concern is that we're still only forming a bottom and that the process is still very fragile. Their concern is not for data in December and November...They're concerned about January, February and March, which will show continuing job losses, less spending and less income.»
Author: Lara Rhame
«It's always been very important to listen to CEOs. When you've got guys that run companies nervous about demand, they put off investing.»
Author: Lara Rhame
«This really reduces the chance of a cyclical bounce in spending, which is what we typically expect to see in a recovery.»
Author: Lara Rhame
«Yet again, the U.S. consumer has phenomenal resilience and is not being swayed by the employment numbers coming out.»
Author: Lara Rhame
«You can really think of productivity as magic fairy dust to sprinkle over growth to allow growth without inflation. That's really the way the Fed sees it.»
Author: Lara Rhame
«I'm not in the 'V-shaped' camp. I definitely think we're going to get recovery, [but] the trajectory of that growth is going to be really low.»
Author: Lara Rhame
«If you look back at the data we had in July and August, they were not very positive. Even before Sept. 11, we weren't seeing growth anywhere, except in housing and [automobile sales].»
Author: Lara Rhame
«The 'new economy' was a new beast to some extent, and the Fed was too lenient in terms of letting consumer exuberance get ahead of itself. They should have been moderating growth in 1997 and '98.»
Author: Lara Rhame
«I personally am among those with the view that we actually are going to see consumers shut down.»
Author: Lara Rhame
«This is undeniably good news. The crucial question going forward is going to be if the rise in confidence is reflected in more spending on the part of the consumer, or if it's simply a patriotic rally.»
Author: Lara Rhame