Quotations
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Michael Englund Quotes
«Overall, they were a bit concerned about inflation and see strong growth, which supports the notion that they will continue to tighten policy. But after Katrina, all bets on how much they might tighten are off the table,»
Author: Michael Englund
«The story is all about oil. This is still a fluid situation but we have enough information to feel comfortable lowering our economic growth estimate even further.»
Author: Michael Englund
«Going into the hurricane we had a shortage of refining capacity anyway. This just throws a hand grenade into the already delicate balance.»
Author: Michael Englund
«What we are seeing is that these numbers are coming in line with other confidence figures, which shot ahead in May and June with oil prices falling, and now with oil prices soaring, we are seeing the effect from higher prices at the pump.»
Author: Michael Englund
«The economy will likely continue to prove surprisingly resilient to rising oil prices.»
Author: Michael Englund
«Producers tried to catch up with strong sales starting in June and July, but they can't keep up. Auto inventories took a big hit.»
Author: Michael Englund
«We're expecting a solid year for equipment and software spending. Businesses seem to have very optimistic plans for investment in 2006.»
Author: Michael Englund
«Not only are these numbers small compared to the economy, they don't reflect actual errors in reporting the sales of actual goods and services, ... WorldCom, for example, wasn't overstating the amount of phone service it provided.»
Author: Michael Englund
«It's a slow week for releases, ... I think there's almost no chance the productivity revision or the wholesale inflation numbers will have much effect on the Fed's March policy decision.»
Author: Michael Englund
«Not only are these numbers small compared to the economy, they don't reflect actual errors in reporting the sales of actual goods and services. WorldCom, for example, wasn't overstating the amount of phone service it provided.»
Author: Michael Englund