125 Quotes by Sung Sohn
- Author Sung Sohn
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It will have some positive effect, but I don't think there's a strong conviction the stock market rally is going to be sustained. No one is really cashing it in and beginning to spend more money.
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It is unclear how much financial infrastructure has been damaged, ... At least temporarily, the financial system could be frozen, further damaging the economy.
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It's not necessarily a negative, from the point of view of economic growth, ... Even in Washington, D.C., the government work will be made up.
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Foreign investors are becoming a bit more gun shy about buying U.S. assets. Until the dollar settles down, we are going to be looking at volatility in the foreign exchange markets.
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For every 10-percent appreciation in the dollar, it cuts inflation by one full percentage point, assuming the strength of the dollar is sustained,
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For a while, everybody thought there would be no increase until year-end. They may hike rates sooner than we realize.
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It's quite possible the Fed will have to turn around and raise rates.
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It's pretty clear that all the pieces for capital spending are in place, including rising sales, lower inventories and increases in shipments and orders, ... So, despite what CEOs say in public, there's no question that capital spending -- outside of aircraft and telecommunications -- has bottomed and is on the way up.
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