146 Quotes by Ethan Harris

Clearly the new focus of Fed attention is the stock market. The Fed is not focused on many of the indicators equity analysts emphasize. Instead, the Fed's focus is on aggregate wealth creation in the market.

Whoever is chosen, the new chairman will go through a proving period.

Clearly the new focus of Fed attention is the stock market, ... The Fed is not focused on many of the indicators equity analysts emphasize. Instead, the Fed's focus is on aggregate wealth creation in the market.

Usually the federal government takes a much more limited role in natural disasters.

Clearly the economy still has plenty of momentum with a little hint of inflation risk in the background.

We are obviously experiencing slower growth and the payroll numbers don't really reflect that yet, which is why they will be an important indicator. Companies have been cutting back the number of hours their workers put in and in some cases cutting back their workforce altogether, and that is what people will be looking for in the numbers.

Clearly, Corporate America is still in hunker-down mode, reluctant to increase budgets for equipment and slow about increasing employment, ... That puts a weight around the neck of the recovery and keeps it at a moderate pace.

We're not going to be in a recession if the economy reverses quickly. But if the war keeps going on, recession is a major risk.

Housing prices tend to turn very slowly, and that delays whatever impact they might have on the economy.