152 Quotes by Mark Vitner
- Author Mark Vitner
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It confirms that this recession in 2001 was not particularly mild or as short as some folks had thought, ... We were expecting at least two negative quarters, and the fact we had three is a little bit of a surprise. That helps explain why we're having so much difficulty generating some positive momentum right now. The economy was weaker than we had thought.
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I'm not too sure we're going to hear that much that will disturb markets, but I'm sure he'll say at least something hinting that long-term interest rates are too low,
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- Author Mark Vitner
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I think we'll see gas prices rise earlier than usual and faster.
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It gives the Fed a little more breathing room on interest rates, that's the most I can say.
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In the end, we can work this out. It is $200 billion in spending for a $12 trillion economy, ... It's just a matter of how we finance it, not whether or not we can afford to do it.
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- Author Mark Vitner
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In the past, that (increase in work week) has pointed to fact we'll see strong job growth in next few months.
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I think they would be responding to all the talk of outsourcing and all the talk in the headlines.
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In the '90s we had irrational exuberance. Now we have excessive caution. And that's the biggest headwind this economy is facing, ... The lack of strong employment growth is one more reason for businesses to be cautious and can be a self-fulfilling prophesy.
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It is important to look at what consumers are doing, not what they are saying,
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