Quotations
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Ken Goldstein Quotes
«The recovery in the leading index could indicate that the economy is poised for growth by late summer. There appears to be enough economic demand to end the slide in industrial production, though no strong rebound appears in sight.»
Author: Ken Goldstein
«begin to make way for a better economy this fall.»
Author: Ken Goldstein
«The Fed will act sooner rather than later, more rather than less,»
Author: Ken Goldstein
«Unlike the Gulf War, it won't determine a recession. There was long build-up to the Gulf War. We had troops over there for a month or two before they actually were engaged. I wouldn't expect that what action follows from here will last that long or have that much of a build-up.»
Author: Ken Goldstein
«The two-month decline in the index suggests that the already-weak economy is likely to remain weak into next year.»
Author: Ken Goldstein
«The strong signal from the indicators means that the recession could be over soon. Three successive monthly increases, each larger than the one before, bring the level of the leading series above the pre-recession peak.»
Author: Ken Goldstein
«We might be out of recession already. The recovery could be more vigorous than earlier anticipated.»
Author: Ken Goldstein
«This is confirming the idea that, while the stock market's not in good shape, the overall economy's not in bad shape; it's nowhere near going into a double dip.»
Author: Ken Goldstein
«Part of the real story here is that, through July, producers were still getting more output, with fewer labor hours put in. Productivity in the third quarter is probably going to be stronger than in the second quarter, confirming the idea that, while the stock market's not in good shape, the overall economy's not that bad.»
Author: Ken Goldstein
«These are very different circumstances from September. This [reading] has a bigger component in terms of the stock market -- if the stock market hadn't fallen so much in July, the drop in the index would have only been 0.1 percent.»
Author: Ken Goldstein