51 Quotes by Bruce Steinberg

They've already been working together. Summers sits in on the meetings Rubin has with Greenspan much of the time.

It's appalling that the police department can enter into a contract that goes against the Constitution.

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 U.S. economy shows further signs of stabilizing, though a true recovery is still some months away. Consumers will determine the near-term outlook and signs are positive.

The U.S. economy is performing so admirably right now, it is hard to believe how good it is. We have strong growth, declining inflation, strong profits, rising real wages. All of these things are happening at the same time and there is no sign that any of this is about to end.

The U.S. economy is now almost certainly in recession, but a huge amount of policy stimulus should strongly boost growth by next spring or summer. A consumer rebound in the spring and a capital spending recovery by the second half of 2002 will hopefully follow.

The U.S. economy has yet to show convincing signs of a bottom but that doesn't mean monetary policy isn't working. We continue to look for a strong economic rebound by the fourth quarter.

They are very well acquainted with each another and I think they will have a good working relationship. So there will be continuity of policy. But still, I think Rubin's departure, at the end of the day, is still a loss.

The new economy is very, very much alive and well. This is that healthy shakeout of Internet companies that many of us have been talking about for months. Now it's time to sift through the rubble and see what's left standing -- and what will grow in its place.