125 Quotes by Sung Sohn

It clearly tells us that consumers have and will continue to sustain and support economic growth, ... Consumers have really been the backbone of current economic growth and will continue to be a stabilizer for the balance of this year.

I think the Fed is pretty much done for this economic cycle, unless some major catastrophe develops, such as a messy war in the Middle East or a housing bubble bursting.

I think we should know about candidates' desires and views, but I think it would be a mistake to assume that they will become reality.

I think the aggressive expectations of the market are not going to be met.

Our research shows the jobless rate is the best indicator of monetary policy, ... They have almost perfect correlation.

Manufacturing could be a key driver of economic growth in the future, as opposed to being a big drag as we've seen in the past, ... Even employment, which has been weak, should be coming around as demand continues to pick up steam.

We notice it every day -- when we go to gasoline stations, we pay more,

Without a doubt, there will be a contraction in the third quarter's GDP of approximately 0.9 percent, ... Given the slow start in October, the most likely scenario calls for a larger contraction in the 2.8-percent range in the fourth quarter.

The problem is the bottleneck. The industry simply is not able to process the applications fast enough. They (homeowners) are trying to refinance...But the increase in demand will simply increase the waiting list.