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Alan Ruskin Quotes
«(Greenspan's) comments on the economy regaining traction included a range of examples, but all of them have caveats attached, and none are that convincing,»
«Poor employment trends clearly are weighing on sentiment, ... The (IBD) data is consistent with a meaningful decline in the Michigan survey.»
«Employment slipped for the third time since November, and is now back below October levels, ... Since weakness in services employment has dominated the soft employment trends in this cycle, this data will tend to deflate rising expectations of a decent payrolls number.»
«$200 billion Treasury purchases from the Fed would have been widely viewed as a massive distortion, but foreign central banks doing exactly the same thing is quietly sanctioned and encouraged by U.S. policymakers,»
«He seems to be more forthright in seeing a willingness to cut interest rates in the future than expected, ... It is uncharacteristically blunt.»
«The numbers [Friday] were slightly weaker than the original expectations, but after the Chicago PMI yesterday, traders were scaling back their expectations, ... it doesn't give the feel that the economy is falling off a cliff. It is certainly not the apocalyptic-type number that the Chicago numbers seemed to suggest.»
«The hourly earnings numbers are soft obviously in January, but if you look at it on a three-month trend, in fact, you still find hourly earnings running at something like a 5-percent annualized rate, ... So I don't think that's going to sway the Fed's fear on the wage front completely.»
«It is too early to suggest the deficit has peaked but it fits with Greenspan's views of the early signs of stabilization,»
«[Economist Alan Ruskin of I.D.E.A. was one of several Greenspan watchers who said the Fed chairman's remarks were warranted.] (His words) are extremely cautionary, ... They are quite clearly roiling the financial markets. I'm increasingly amused at the tenor of these remarks -- how clear-cut they are.»
«It is too early to suggest the deficit has peaked but it fits with Greenspan's views of the early signs of stabilization.»