126 Quotes by Lara Rhame
- Author Lara Rhame
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If we're in a situation where rates are higher because the economy's great, the housing market is going to be last thing I'll be worried about.
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- Author Lara Rhame
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The manufacturing data certainly are positive, but the employment data specifically reinforce the notion that domestic growth is not going be enough to create many jobs.
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Certainly the economy now looks like it was in better shape in January-April than expected. But these data don't show the economy making any improvement.
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The underlying state of the economy is on weak footing, and we're going to need further stimulus to keep the recovery on track.
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Business confidence remains very, very fragile, and we're still in an environment where businesses are more concerned with cutting costs than with ramping up investment projects.
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This is more an unwind of positions betting against the yen. It's been very surprising how fast this correction has been. The speed of the move has shocked a lot of people.
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The euro can go pretty far -- when currencies correct, they have a tendency to do that. But I don't see the recent move as dramatic or unexpected, and I don't think it's out of line with fundamentals.
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- Author Lara Rhame
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I firmly believe consumer spending will stay in positive territory, but I think we will see further signs of consumer fatigue as the year progresses.
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The economy contracted in April and probably contracted in May; June is when we should be getting a bounce. If we're to believe all the stars are aligned for a perfect eclipse of the recession in the second half, then it should happen sooner rather than later.
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