44 ordspråk av Richard Berner

Richard Berner

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 Both sides seem to be pretty well entrenched in their positions, which would mean the economic effects could be rather appreciable.

 Certainly, current policy is ultra-accommodative and no policy-maker believes that it is consistent with price stability,

 Change is a constant of the U.S. employment picture. New technology keeps changing the nature of work and the nature jobs. I can't tell you what new technology will have spawned new jobs five years from now, but my guess is there will be one.

 Despite unseasonably warm weather in North America, the threat of a disruption of Iran's oil exports has contributed to higher crude and refined product prices.

 Energy prices will have to fall substantially and growth will have to improve to erase the feeling that the growth/inflation mix will be unpleasant.

 Fed policy makers made a statement that they want to really underpin the recovery. They've seen the downside risks and they want to make sure that low inflation and disinflation does not morph into deflation.

 Greenspan's remarks will be significant, either because of what he does say or what he doesn't say, ... They will move rates higher this year but the timing of that may have changed.

 Greenspan's remarks will be significant, either because of what he does say or what he doesn't say. They will move rates higher this year but the timing of that may have changed.

 Home prices will rust, not bust, for the next few years.

 I believe that such fears are overblown, ... Advance labor-market indicators like Manpower's survey of businesses indicate that hiring plans are on the rise. So while it is true that job gains have been slow in coming, they typically are anemic in the early stages of recovery.

 I believe that such fears are overblown. Advance labor-market indicators like Manpower's survey of businesses indicate that hiring plans are on the rise. So while it is true that job gains have been slow in coming, they typically are anemic in the early stages of recovery.

 I don't think home values will crash -- they will rust, not bust. Demographics have underpinned demand, courtesy of a wave of immigration in the past 16 years that reduced supply, and you don't see the speculative overhang that could contribute to a bust in home values.

 I don't think there's any doubt that the uncertainty over Iraq has been corrosive, but it's by no means the only factor hindering growth. The hope that if you take away that uncertainty and you unveil a coiled spring is probably overdone.

 I still see that companies went overboard in slashing their work force in an effort to cut costs and to eliminate the hiring excesses of the 1990s, ... I think we have a shortfall of about 1.8 million jobs to make up.

 I still see that companies went overboard in slashing their work force in an effort to cut costs and to eliminate the hiring excesses of the 1990s. I think we have a shortfall of about 1.8 million jobs to make up.


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