Quotations
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Lara Rhame Quotes
«If that's the way the world is, then that's fantastic, because if oil prices go down and the Iraq situation disappears, we're off to the races again. But I think that opinion is at worst naive and at best simply putting on a brave face.»
Author: Lara Rhame
«The data flow has turned decidedly negative.»
Author: Lara Rhame
«They could have done more to communicate well with Wall Street. The new [people] will be much more savvy, more public-relations oriented.»
Author: Lara Rhame
«At this point, they have very little ammo left, and they will need to tread carefully.»
Author: Lara Rhame
«Market expectations have priced a rate cut in. When markets are pricing it in like that, the Fed can't afford to give a downside surprise in this environment.»
Author: Lara Rhame
«The consumer is the last support here, and it's not getting any help. The savings rate plus the confidence plunge add up to enough reasons for the Fed to give consumers a psychological boost.»
Author: Lara Rhame
«Today's report was a case of familiar culprits -- apparel prices continue to put downward pressure on inflation, and housing and medical care continue to put upward pressure on inflation.»
Author: Lara Rhame
«For the past year and a half, the consumer has defied a recession and Sept. 11 and kept spending at a healthy pace.»
Author: Lara Rhame
«I still don't expect a double dip [into recession], and I don't think the consumer will turn around [and stop spending], but I do take that confidence number very seriously.»
Author: Lara Rhame
«[Investors take the number seriously] so you have to view it as being not very good news, ... But I'm not a fan of it. It's so new, and it doesn't seem to correlate with overall output.»
Author: Lara Rhame