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Neal Soss Quotes
«The result is that corporate America can finance a resurgent [capital spending] program with relatively little draw on capital markets. Concerns about the size of the federal budget deficit per se are thus misplaced.»
«The word 'measured' could very readily disappear now. They'll probably tweak the words one more time in the direction of being that much more open-ended, but maybe with the emphasis on 'ended' than 'open.»
«This committee still seems predisposed to raising rates a bit more, and the burden is on the data to tell them otherwise.»
«Once upon a time, business solved its problems by raising prices. Now, they solve their problems by cutting costs and getting better productivity. It reflects that productivity but doesn't force pricing, doesn't constrict profit margins. It's what an economy's supposed to do.»
«In its own way, this activity of testifying before the Congress is most like being a professor. You start by giving a lecture. And then you submit, so to speak, to questions from your students. So temperamentally, I think he's very well-suited to this sort of congressional appearance.»
«Warmer than normal Januarys have a penchant for producing surprisingly strong payroll numbers.»
«We're accustomed to the insights of government officials being authoritative. Greenspan's comments may be wise, but they aren't actionable anymore.»
«As long as the economy is growing at such a good pace, it is appropriate and desirable that the FOMC acknowledge that with somewhat higher rates.»
«You don't see the symptoms, and that's one of the puzzles of the moment.»
«To the extent that a Phillips curve exists, it's a moveable feast.»