Quotations
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Bruce Steinberg Quotes
«The U.S. economy shows further signs of stabilizing, though a true recovery is still some months away. Consumers will determine the near-term outlook and signs are positive.»
Author: Bruce Steinberg
«We assume that will begin to happen during the first half of next year.»
Author: Bruce Steinberg
«The increase in the unemployment rate, while very large, is really a catch-up, as the rate had been stable for four months. This brings the unemployment rate to where we believe it should be at this point.»
Author: Bruce Steinberg
«The U.S. economy is now almost certainly in recession, but a huge amount of policy stimulus should strongly boost growth by next spring or summer. A consumer rebound in the spring and a capital spending recovery by the second half of 2002 will hopefully follow.»
Author: Bruce Steinberg
«A further deterioration in the labor market is inevitable.»
Author: Bruce Steinberg
«October job loss could easily be worse. The unemployment rate is headed for 6 percent, in our view.»
Author: Bruce Steinberg
«The manufacturing sector is still shrinking but at a much slower pace than earlier in the year.»
Author: Bruce Steinberg
«Today's unemployment data were as expected, showing that we are still in a recession, but that the worst is behind us.»
Author: Bruce Steinberg
«Robust growth probably won't get going until the second half of the year. The first tightening move by the Fed is unlikely to occur until late summer at the very soonest.»
Author: Bruce Steinberg
«The economy is on the verge of recovery but the recession has not quite loosened its grip yet.»
Author: Bruce Steinberg