28 Quotes by Robert Hormats

We are massively reliant on foreign capital. One of the jobs of the next Fed chairman will be to keep investors confident in the economy.

We've depended very heavily on the inflows of foreign capital. And if for any number of reasons foreigners are reluctant to buy --Treasuries in particular -- that could cause a certain amount of volatility in the market,

We have a conundrum. We have a strong economy, but lots of people feel insecure.

Booming cities, and the provinces and states in which they are located, are driving forces in economic growth today. Consequently, they constitute the new frontier in America's international economic policy.

The United States is still an enormous generator of innovation, from which other nations have long benefitted. But we now also have the opportunity to benefit from innovation taking place around the world.

Any country that seems to have a slightly overvalued currency gets whacked by speculators. People go after the ones they think will be the weakest.

Almost every major company in the world wants to do business with China or is in fact doing business with China and wants to participate in the growth of China. So if the transition goes well, that will reinforce their desire to build up their business relations with China.

They are doing better, but we've seen these packages in the past and it remains to be seen how much impact there will be in this package, ... But at least they're doing something and that's a plus.

They're doing what's proved to work in the past, which is to tighten rates.