Quotations
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Chris Low Quotes
«Ex-transport is only barely up, and the decline last month was only marginally revised, so it's a bit disappointing, because it marks essentially the fourth month with no orders growth at all.»
Author: Chris Low
«The trade deficit widened to a record in September, as expected. But it wasn't the oil story we were all looking for. Instead, it boils down to Boeing and Airbus, with the European firm holding the cards this time around.»
Author: Chris Low
«Strong December durable goods and the upward revision to November show that perhaps there isn't enough monetary restraint after all.»
Author: Chris Low
«Any attempt to bypass the markets, remove market incentives and replace them with government incentives sets us on the wrong path. After Nixon and Carter, I didn't think we'd make that mistake again.»
Author: Chris Low
«There's a sense of urgency in construction. If builders have approval for a project, they're going to try to move ahead as quickly as possible.»
Author: Chris Low
«This is absolutely key to the economic outlook. A lack of labor-force growth will have to take its toll either on inflation or growth. If you're going to grow you need to get bodies from somewhere.»
Author: Chris Low
«The writing seems to be on the wall at this point. Prices are still falling. Meanwhile, the supply continues to rise.»
Author: Chris Low
«This is clear confirmation that the unusually warm weather in January boosted sales, and February sales just fell back to more normal levels. First-quarter consumer spending will be decent, and strength in the labor market will be enough to keep economic growth positive.»
Author: Chris Low
«It does look like the economy is losing steam. After two years of Fed tightening, it's simply gotten more expensive to finance whatever it is you're trying to finance.»
Author: Chris Low
«You've got two choices when picking a Treasury Secretary -- either someone like Rubin, who understands the markets well enough so he can speak to them, or someone who understands it's better not to speak at all.»
Author: Chris Low