Quotations
Famous Quotations
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Sung Won Sohn Quotes
«Revisions have been substantial in the past.»
Author: Sung Won Sohn
«I don't necessarily think the world's coming to an end. If we can score some major victories in Afghanistan and get other nations to take care of their own terrorists without involving U.S. troops, I think [confidence] could rebound just like it did after the Gulf War.»
Author: Sung Won Sohn
«Inventories really being run down to ground, but that means that any increase in demand in the future will be translated into more production and jobs. We're feeling the pain right now, but it means we're more likely to get economic growth starting early next year.»
Author: Sung Won Sohn
«This is what economists call a simultaneous process, meaning that it works both ways.»
Author: Sung Won Sohn
«If there were a bubble in California and if it were to burst, that would be a national economic catastrophe.»
Author: Sung Won Sohn
«It's quite possible the Fed will have to turn around and raise rates.»
Author: Sung Won Sohn
«The Fed is still likely to cut rates in August. Some of the more important measures [of economic strength], such as corporate profits, are moving in the wrong direction. The only real question is whether they'll cut a quarter percentage point or a half percentage point.»
Author: Sung Won Sohn
«Overseas, we have a terrible time competing [in the automobile market], in part because a strong dollar makes U.S. cars more expensive. Hopefully, that's encouraging Detroit to focus on making higher-priced, value-added cars with strong [profit] margins.»
Author: Sung Won Sohn
«The corporate tax cuts may not have an economic impact until months later.»
Author: Sung Won Sohn
«But give people more information, and we can incorporate it into our thinking process. We can attach and assign probabilities and then more or less go on with our normal lives. I think that's exactly what's unfolding.»
Author: Sung Won Sohn