18 Quotes by David Kern

It has become clear that Gordon Brown's budget forecasts are no longer in the realms of possibility.

Today's manufacturing output figures were ... worse than the market expected. The sector continues to stagnate and is persistently failing to sustain a recovery. The figures also confirm that the sector was in technical recession in the first half of 2005, ... The manufacturing sector's acute underlying weaknesses reinforce our view that we will need further interest rate cuts later in the year.

Today's manufacturing output figures were mediocre and disappointing overall,

We need to have central leadership that is interested in kids succeeding at the top and the middle and the bottom at their maximum potential.

We also believe that we will need further interest rate cuts in the near future.

There is still a distinct danger of renewed recession in manufacturing.

We got some boards and played pretty good defense. We're just lucky that shot didn't go down at the very end.

The slowdown in UK GDP growth is mainly being driven by sharply lower growth in household consumption, as the cooling housing market and the higher personal debt burden dampen spending.

Powerful fundamental factors continue to support the case for an early modest interest rate cut.