120 ordspråk av Ken Goldstein

Ken Goldstein

Ken Goldstein föddes den 18 oktober 1962
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We've seen the trade deficit widen each of the last four years at relatively the same pace. What's going to happen because of Asian flu is it will widen twice as fast this year as it did each of the last four years.

There's nothing wrong with the economy right now. That's not the issue,

Signals for the immediate future point to continued expansion, although not at the breakneck pace of the fourth quarter of 1999, ... The biggest risk to the ongoing expansion continues to be interest-rate increases and the prospect of still more Federal Reserve Board action.

The significant increase in the leading indicators during the last six months, tempered only by the financially related pause in February, points to forward momentum in this expansion.

The leading indicators are cooling off from the rapid pace registered at the end of last year. This is not the kind of performance to be expected when gross domestic product grew by 5.2 percent, as it did in the second quarter of 2000.

The small but consistent decreases in the past three-month period certainly point to a second-half economic performance less robust than in the first half of 2000. With employment and income still rising, there will be growth, but not at the pace set earlier in the year.

The flat pace in the leading indicators points to continued moderation in U.S. economic activity. This is reflected in indicators for manufacturing, housing, consumer, labor, and financial markets. The economy is starting to reflect the impact of growth restraints.

The Indicators are pointing to significantly slower growth in the first half of 2001, ... The economy continues to cool off and there are now some job vacancies with no one to fill them. More recently, both businesses and consumers have become somewhat more cautious.

The Leading Economic Index suggests that this period of slower growth will probably continue for the next few months.

[The] latest readings suggest the U.S. economy may be poised for some recovery, ... for the next few months.

The recovery in the leading index could indicate that the economy is poised for growth by late summer. There appears to be enough economic demand to end the slide in industrial production, though no strong rebound appears in sight.

begin to make way for a better economy this fall.

The Fed will act sooner rather than later, more rather than less,

Unlike the Gulf War, it won't determine a recession. There was long build-up to the Gulf War. We had troops over there for a month or two before they actually were engaged. I wouldn't expect that what action follows from here will last that long or have that much of a build-up.

The two-month decline in the index suggests that the already-weak economy is likely to remain weak into next year.

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