31 ordspråk av Allen Sinai
Allen Sinai
Americans are troubled about the long run. I can feel good about the year. ... But I, too, remain uneasy about the longer run.
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For the U.S., the correction is essentially over.
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From the equity point of view, things are absolutely superb. You need a magnifying glass to find something wrong with the economy.
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Greenspan is giving individuals ample warning that they need to take that into account. He's throwing out a yellow flag of caution.
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He didn't go to one of the top schools - Harvard or MIT or Stanford or Northwestern. I think that was an advantage. He didn't get brainwashed into one of the doctrines.
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He let events shape his views, rather than let doctrinaire views shape policy.
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I don't think we have price stability any more.
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I suspect that on Fed decisions, the president has been very much influenced by Mr. Greenspan. Greenspan and Cheney go back.
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I think that Greenspan will rank as one of the most effective and innovative Fed chairman that we have had -- a home-run champion.
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If inflation gets out of hand, the Fed will have to raise interest rates more than is envisioned right now. Oil and energy can do it.
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In the midst of a very nice business expansion, there is a kind of pall in the attitudes of Americans about how this administration is performing.
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It is causing some imported goods prices, which were falling a lot a year ago, now to start rising and this is outside of oil and energy. That's just one more ingredient that says there's more risks that inflation will go higher than lower.
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It looks like we're in for a major slowdown from where we were before,
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It looks like we're in for a major slowdown from where we were before.
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It looks to me like the act is roughly working as it was expected to. We never found huge impact -- but certainly in our work we found improvement in growth, capital expenditures and jobs coming from the measure.
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