38 Quotes by Maureen Allyn
- Author Maureen Allyn
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I think that's got to be a better-than-even chance at this point. We know from their discussions that they were very, very nervous. This isn't going to calm them down any.
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I think they'll cut a quarter point, like everybody else in the market. The markets have gotten a pretty good read on what's going on, and I take my cue from them.
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Just as a warning: People better start bracing for higher oil prices later in the year.
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I think companies have gotten a little behind.
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People may not be feeling all that good, but they are trying to cheer themselves up. They're not constrained yet, but I do think it is going to set in. The bear market has taken a big, big bite out of wealth, and history tells us when that happens people do sort of cut back.
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Volatility should be expected. At some point, really low inflation is bad for earnings. If you can't raise prices you can't bring in the earnings Wall Street wants.
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With profits in such a tailspin, I'm revising down my capital expenditure outlook for the next six to nine months, and (I see) almost zero job growth for rest of this year.
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We just don't see the wage pressures and I think the bond market is so happy because that means there really isn't any threat of inflation out there. Remember all those terrible surprises we used to get on Fridays? It's about time the bond market got a good one.
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Employers are reluctant to hire people who can't do the job they want and they're reluctant to pay more.
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