Quotations
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Carl Tannenbaum Quotes
«We're trained to think that rapid growth after six years of expansion is finally going to kick prices up a little bit, but in fact they're going in the opposite direction,»
Author: Carl Tannenbaum
«This economy has a lot of momentum and seems intent on challenging the Fed to keep in under control. Inflation is a real risk here after six years of expansion. The Fed perhaps is taking the first step, a down payment if you will, to try and keep that under control. But it may take more than what we saw yesterday.»
Author: Carl Tannenbaum
«It's certainly surprising. I mean, all of the recent news suggested that we're going down a slippery slope toward a slower economic time.»
Author: Carl Tannenbaum
«It's a big surprise and another puzzle for economists to try to figure out.»
Author: Carl Tannenbaum
«We seem to be continuing to defy these natural limits of the economic cycle and we should be able to push forward at a decent pace in the second half without risking inflation,»
Author: Carl Tannenbaum
«With holiday sales looking a little better than expectations and the Purchasing Managers Index up when we were expecting a decline, it's clear that the fear that many had that we had slowed down too far is unwarranted.»
Author: Carl Tannenbaum
«The survey was taken in a dark week immediately after Katrina. The images (in the media) were of the type that don't makes us confident about anything.»
Author: Carl Tannenbaum
«The hurricane season failed to blow the economy off course.»
Author: Carl Tannenbaum
«The new chairman, undoubtedly, is going to be someone that the administration is comfortable with, but I think the new chairman should take the step early on of showing that they are going to remain independent-minded.»
Author: Carl Tannenbaum
«If they have to ring some inflation out of the system, the initial list of victims has to include housing markets. You have a risky period for consumers for the next six to eight months.»
Author: Carl Tannenbaum