12 Quotes by John Shepperd

Alan Greenspan (Chairman of the Fed) recently said inflation is very good and so the Fed can afford to continue the powerful relaxation. The guarantee that the economy will avoid recession the second half of the year.

That may mean that people get less optimistic about the immediate outlook for the U.S. economy. Some of the data for the past month has been fairly upbeat. We don't think retail sales will fall into that pattern.

The difference between Germany and France is that France has a buoyant consumer demand.