60 ordspråk av Bruce Steinberg

Bruce Steinberg

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 Larry Summers is a very capable guy. He's been Rubin's deputy for the last five years or so, and Rubin has been grooming him to take on the responsibilities of being the Treasury secretary.

 October job loss could easily be worse. The unemployment rate is headed for 6 percent, in our view.

 Oddly, the statement accompanying the [cut] was uniformly negative in its assessment of the economy, which would have been consistent with a bigger move. We assume [Fed policy makers were] divided and that the smaller move allowed a consensus to be formed.

 Rising oil prices are the biggest risk to what is otherwise shaping up as a robust recovery.

 Rising oil prices are the biggest risk to what is otherwise shaping up as a robust recovery. Every $1 increase in the price of oil drains about $5 billion from the U.S. economy, if sustained for a year.

 Robust growth probably won't get going until the second half of the year. The first tightening move by the Fed is unlikely to occur until late summer at the very soonest.

 Tech will have the worst performance of any S&P sector in 2001 with operating earnings per share plunging 73 percent. But next year (2002) we believe tech earnings will snap back strongly.

 That's really going to tell the tale of whether the (U.S. Federal Reserve) will raise interest rates or not. It will probably determine whether August is a good month (for stocks) or not.

 The complete lack of inflation puts the Fed in a bind. Recent remarks by Fed officials make it seem that they are hell-bent on tightening. But there is not much of a rationale that comes out of recent data.

 The economy is definitely making a transition. I think 1998 will be viewed as the year of soft landing when the economy went from a nearly 4 percent growth rate in the prior year, to just over 2 percent this year.

 The economy is doing better than anyone three or four months ago thought it could do. While 1.4 percent growth is pretty feeble, it does mean the recession was, from a GDP perspective, the mildest one we ever had.

 The economy is doing better than anyone three or four months ago thought it could do. While 1.4 percent growth is pretty feeble, it does mean the recession was, from a GDP perspective, the mildest one we ever had.

 The economy is on the verge of recovery but the recession has not quite loosened its grip yet.

 The economy is still going very, very strong. I think in October the Fed will take a pass, what they do after that remains to be seen.

 The economy remains weak, but hints of stabilization are emerging.


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Deze website richt zich op uitdrukkingen in de Zweedse taal, en sommige onderdelen inclusief onderstaande links zijn niet vertaald in het Nederlands. Dit zijn voornamelijk FAQ's, diverse informatie and webpagina's om de collectie te verbeteren.



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