Quotations
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Mark Vitner Quotes
«It's pretty early to have a good idea of what damage there is in the region. It is the damage to the energy infrastructure that is important to the national economy.»
Author: Mark Vitner
«High gasoline prices gradually eat away at income. The effect isn't felt all at once. We have seen consumers change their behavior in recent months and there should be further changes if prices stay at these levels.»
Author: Mark Vitner
«This is such a different type of disaster than we're accustomed to dealing with.»
Author: Mark Vitner
«I don't think it's a sure thing they'll tighten in December, even if it is now more likely.»
Author: Mark Vitner
«Markets are rational and forward-looking. However, they can also be wrong.»
Author: Mark Vitner
«This is another affirmation that we've gotten over the shock of the hurricanes and the economy is back on track to where it was before.»
Author: Mark Vitner
«We expect a big jump in consumer confidence now that the effects of Katrina and higher gas prices are further behind us. Higher confidence will lead to a better-than-expected holiday shopping season as well.»
Author: Mark Vitner
«Today's personal income report had very good news on inflation.»
Author: Mark Vitner
«Demand in the U.S. economy is reasonably strong and retailers are probably optimistic about the holiday shopping season so they are starting to order from abroad now. The trade deficit is going to take some time to turn around. It may not happen until next year.»
Author: Mark Vitner
«What would change this is if we were to see an unanticipated strengthening in the U.S. dollar. We'd see less people coming from Latin America.»
Author: Mark Vitner