70 Quotes by David Wyss
- Author David Wyss
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Because they've got the employment, the people go there. It's a virtuous circle. It works in the right direction.
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Fundamentally, money you spend at the gas pump is money you don't have to spend at the mall.
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I don't think he wants the markets to start thinking about the things he might change. I think he wants to take it easy at first.
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GM is the story of U.S. auto manufacturing, and it's the story of U.S. manufacturing that we are importing more and more of what we consume. Manufacturing is becoming a smaller and smaller part of the economy.
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There is no change for the Fed. They are more focused on the real economy. They are looking for any sign that core inflation is going up.
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We're now looking at a 3 percent first quarter on top of that 1.4 percent fourth quarter. We've been the optimists, and I haven't been optimistic enough.
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We've got to see what happens in October. There was an initial shock after the attack. Nobody was doing anything.
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Greenspan is coming to the end of his term and he really wants to get the interest rate increases done before he leaves. He may feel he can't afford to take a meeting off.
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Greenspan has had the most successful tenure in Fed history. He kept inflation under very tight control while avoiding any major recessions.
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