Quotations
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Lara Rhame Quotes
«We are seeing a slowdown, but we're not necessarily seeing a slow economy, ... The Fed is still going to be on alert for inflation, and we're going to have to wait and see more evidence before we can conclude that it isn't a threat.»
Author: Lara Rhame
«The economy's performance since Sept. 11 has been extremely resilient and based on unshakeable consumer confidence.»
Author: Lara Rhame
«Probably the easiest way to think about the Sept. 11 event is to think of bouncing a ball off the roof of a garage onto the driveway. The ball's bouncing around, and it's still unclear what the slope of the driveway is. But we can be fairly sure it's sloping up.»
Author: Lara Rhame
«We are seeing a slowdown, but we're not necessarily seeing a slow economy. The Fed is still going to be on alert for inflation, and we're going to have to wait and see more evidence before we can conclude that it isn't a threat.»
Author: Lara Rhame
«It's hard to find anything even remotely good about these numbers. This is pretty much going to quash any reason to buy the dollar.»
Author: Lara Rhame
«We saw the unemployment rate actually holding throughout most of this slowdown, and only about four months ago we were at a 4.5 percent unemployment rate. The average recession sees a lot of job losses, so we've got a lot of catching up to do.»
Author: Lara Rhame
«We may have hit bottom here, to some extent. We're facing two quarters -- the fourth of 2001 and the first of 2002 -- of close to zero growth. But this may be the first recession we've gotten through without two quarters of consecutive shrinking gross domestic product (GDP).»
Author: Lara Rhame
«Everybody has to learn a little more economics than they want to learn, now that we're drawing more and more of a distinction between actual GDP and final domestic demand, which is GDP minus inventories. Inventories can surprise. It's hard to make a solid forecast about them, and the Fed said that. I think the market continues to overestimate Fed rate cuts.»
Author: Lara Rhame
«Business confidence remains very, very fragile, and we're still in an environment where businesses are more concerned with cutting costs than with ramping up investment projects.»
Author: Lara Rhame
«Stocks in this recovery have performed far worse than the last three recoveries. You really have to ask yourself, as a whole, what the markets are seeing out there.»
Author: Lara Rhame