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Robert Brusca Quotes
«consumer prices are really going to be under control, as well.»
«This is very, very much in line with the idea we're slipping into a recession.»
«You don't need an economist to tell you how disastrous they look.»
«These are big declines. It shows you how weak the economy is. Prices don't decline like this unless you've got slack demand conditions.»
«This shows the Fed rate cut was really quite needed, ... and would probably suggest the Fed might have more work to do to hold things together.»
«There are rates that may not move at all and there are rates that may move opposite to what the Fed has done.»
«This is a little bit like getting a bigger-than-expected package in a much prettier wrapping and huge bow, but you open it up and it's exactly what you thought you were going to get.»
«Worker productivity generally creates a scenario where employees realize they can begin to demand more for what they do. While the year-over-year productivity gains are still quite good, there is some evidence that wage inflation may be starting to creep in. The Fed won't like this.»
«The stock market is earnings-oriented. But if you're looking at earnings, you're not seeing anything improving.»
«Everybody knows what the Fed is doing, but no one knows which move is going to impact the market. I call it a version of Federal Reserve water torture: a drop at a time and after a while it will drive you absolutely batty.»