60 Quotes by Dana Johnson
- Author Dana Johnson
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Maybe not today, Maybe not tomorrow. But somewhere down the line, there has to be a light.
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We did have a stumble. It was related a lot to the hurricanes, and it's very clear that the economy is bouncing back nicely in the first quarter.
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The reality is that many other people working in the auto industry are going to be asked to make painful adjustments, too, and a lot of people are going to say it's not worth it.
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I wouldn't guess it will look real great.
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I guess I'm not surprised the unions are unhappy with the adjustments they are being asked to make, and I am not surprised they banded together to try to get a better deal,
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From a cyclical perspective, I'm not prepared to worry about inflation. There's no clear pattern of acceleration.
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I expected our index to tick lower in March, as the effects from the Super Bowl and mild winter weather faded. Looking ahead, our index probably will settle into a lower range, as the local economy struggles to overcome restructuring in the auto sector, higher interest rates, and elevated gasoline prices.
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I don't think one 50 basis point move (by the Fed) is likely to be enough. It's going to be very hard for the stock market to move ahead. Profit margins are not going to be expanding. There's going to be nothing to offset the higher interest rates.
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With many investors drifting away early for the Thanksgiving holiday and with the fixed income markets scheduled to close early on Wednesday, the clear potential is for some erratic price action in illiquid markets,
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