Quotations
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Richard Berner Quotes
«Greenspan's remarks will be significant, either because of what he does say or what he doesn't say. They will move rates higher this year but the timing of that may have changed.»
Author: Richard Berner
«I believe that such fears are overblown. Advance labor-market indicators like Manpower's survey of businesses indicate that hiring plans are on the rise. So while it is true that job gains have been slow in coming, they typically are anemic in the early stages of recovery.»
Author: Richard Berner
«The unemployment rate in the first quarter should have been at least 6.3 percent -- significantly higher than January-February's 5.75-percent average.»
Author: Richard Berner
«The US economy is currently in the midst of the most profound hiring shortfall of any modern-day business cycle.»
Author: Richard Berner
«I still see that companies went overboard in slashing their work force in an effort to cut costs and to eliminate the hiring excesses of the 1990s. I think we have a shortfall of about 1.8 million jobs to make up.»
Author: Richard Berner
«I think the surprise will be that housing prices and housing sales will decelerate, but the economy will do just fine.»
Author: Richard Berner
«Despite unseasonably warm weather in North America, the threat of a disruption of Iran's oil exports has contributed to higher crude and refined product prices.»
Author: Richard Berner
«Investors on Wall Street are going to have to learn a lot about these new faces before they feel comfortable. I don't think this means any change in monetary policy but there are new people.»
Author: Richard Berner
«Worries of a housing-led consumer spending bust are overblown.»
Author: Richard Berner
«The key reason: Dwindling economic slack and escalating costs in the context of strong U.S. and global growth.»
Author: Richard Berner