Quotations
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Greg McBride Quotes
«That's the $64,000 question. Seventy percent of economic output is tied to consumer spending. The idea is to raise rates enough to stave off inflation, but not so as to curtail spending.»
Author: Greg McBride
«That's where the payment pain is going to come for a lot of households.»
Author: Greg McBride
«There are some very attractive savings offers for consumers right now. Average rates on [certificates of deposit] are the highest they have been in almost five years.»
Author: Greg McBride
«It's not the highest rate, but it's very competitive.»
Author: Greg McBride
«This has been a good time for CD investors. It's long overdue. Income-dependent investors like retirees are seeing their cash investments finally bear fruit.»
Author: Greg McBride
«Banks have embraced consumer banking and really want to attract that business. They're starting to realize there's a fine line between generating fee income and alienating customers.»
Author: Greg McBride
«The market is going to slow from the frenetic pace of the past few years. But with fixed mortgage rates remaining below 7 percent, and expected to (remain there) for the balance of 2006, the purchase market will still be very healthy relative to historical levels.»
Author: Greg McBride
«Conventional wisdom says if you're getting a large refund, it's a bad thing, that you've lent money to the government for free for the past year. If your refund is the only way you can save, who's to say it's a bad idea? It may not be the best way to save, but it's better than nothing at all.»
Author: Greg McBride
«Fee income is the great stabilizer of bank earnings, particularly in unfavorable interest rate environments such as the one we're currently experiencing.»
Author: Greg McBride
«It's a game of cat-and-mouse in many ways. But there is a line that banks are reluctant to cross, and it's one where they alienate customers because of fees.»
Author: Greg McBride