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Allen Sinai Quotes
«The economies of scale in this case could be considerable, and the leverage in terms of potential profits is high. It would be good purchase.»
«From the equity point of view, things are absolutely superb. You need a magnifying glass to find something wrong with the economy.»
«For the U.S., the correction is essentially over.»
«It's not a recession but it's about half the rate of growth we've seen in the past two or three years.»
«The sources of weakness probably are temporary. The weakness belies some underlying strength because inventories were drawn down due to strong demand.»
«It is causing some imported goods prices, which were falling a lot a year ago, now to start rising and this is outside of oil and energy. That's just one more ingredient that says there's more risks that inflation will go higher than lower.»
«We have a lot of wood to chop before the equity market can get out of its grand funk. And you know, actually my concern is we're going to test the old lows.»
«It looks to me like the act is roughly working as it was expected to. We never found huge impact -- but certainly in our work we found improvement in growth, capital expenditures and jobs coming from the measure.»
«Those with an academic approach bring really quite a keen mind to the party but not necessarily an awareness of the reality of the markets and economic activity.»
«Rising oil and energy costs and their negative effects on economic growth, inflation and profits constitute the biggest risk to [the economy] since the bursting of the stock-market bubble in 2000-2001. Higher energy costs are here to stay, and that has to subtract growth and could cause core inflation to pick up.»