25 Quotes by Michael Englund

We're expecting a solid year for equipment and software spending. Businesses seem to have very optimistic plans for investment in 2006.

Going into the hurricane we had a shortage of refining capacity anyway. This just throws a hand grenade into the already delicate balance.

We may be seeing the unwinding of the boost from post-Katrina spending.

I wouldn't be surprised to see more weakness in the September report.

Overall, they were a bit concerned about inflation and see strong growth, which supports the notion that they will continue to tighten policy. But after Katrina, all bets on how much they might tighten are off the table,

Overall, the damage from the hurricane on the economy is limited, and by November and December we will start seeing the positive effect on production from rebuilding.

Today's report simply reinforces the belief that it will be 25 points instead of 50 points.

We would not be able to land (in Stockholm) until 1:30 a.m. and that is not reasonable.

There has been a remarkable surge in spending and it will probably continue for another five or six months.