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Maureen Allyn Quotes
«I really do believe this technological revolution qualifies as a big one that is going to have a long-lasting impact.»
«The price we have to pay for all this is someplace. Early in the century, we're going to see a real good old-fashioned panic of the kind we haven't seen in a long time.»
«The Fed ought to like it [the producer price report], and personally I'm breathing a huge sigh of relief.»
«People may not be feeling all that good, but they are trying to cheer themselves up. They're not constrained yet, but I do think it is going to set in. The bear market has taken a big, big bite out of wealth, and history tells us when that happens people do sort of cut back.»
«The Fed is very happy to see this kind of stabilization, but they're going to be worried about inflation and credit. Honestly, I think the Fed understands how fragile a position the economy is in because when you slow down this fast it sets a lot of stuff in motion. They want to get ahead of that and make sure it doesn't get worse.»
«A strong dollar takes away companies' pricing power because imported goods come in a lot cheaper, and it impacts earnings because they can't raise prices.»
«This may be what throws us into recession.»
«Everybody uses energy, either to heat their homes or to drive their cars. So, when the price of energy falls, it's like the whole country gets a bonus or a tax cut.»
«I think we are heading into the worst of it. Investors think there we're heading towards a recovery in the next six months and I hope that they are right, but I just don't see the valuations for a huge rally going forward.»
«I think they'll cut a quarter point, like everybody else in the market. The markets have gotten a pretty good read on what's going on, and I take my cue from them.»