Quotations
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Robert MacIntosh Quotes
«This is one of those numbers that can kind of go either way. It means factories are producing more than they would have been, but if sales don't show up, then they have to pay it back. There's always the chance that doesn't happen.»
Author: Robert MacIntosh
«I've been hearing worries about it for years, but I guess I'm not worried yet,»
Author: Robert MacIntosh
«That's a function of companies wanting to feel confident that the economy is up and running again before they hire back. If they do want to ramp up activities, they do it by grinding more out of existing people.»
Author: Robert MacIntosh
«They still feel there's enough activity in the economy that they don't need to cut yet. Come November, if things are still as sluggish as they seem to be, they'll have to do something then.»
Author: Robert MacIntosh
«I don't see how they can raise rates, given what's happening here. They need to see job creation or inflation, and right now we're not seeing much of either.»
Author: Robert MacIntosh
«The Fed is going to keep chugging along.»
Author: Robert MacIntosh
«It's probably a bit early to change the bias to neutral. I suspect they'll say there's still more risk of another downturn than there is for too much of an upturn. Maybe the next meeting is when you have them take away the cutting bias.»
Author: Robert MacIntosh
«The [economic] growth rate will be so weak, combined with extremely good inflation numbers, that I just don't see them doing anything in 2002.»
Author: Robert MacIntosh
«Japan's big problem was that fiscal stimulus was not there. They haven't coordinated monetary policy with fiscal policy. That's what we're doing differently, and that's why we won't have the same problem.»
Author: Robert MacIntosh
«The number was a little higher than expected. I think the market will like it, but we are still talking about no growth here, and the trend is clearly down. The market is going to interpret this at first favorably, but a more rational interpretation is that it is pretty darn weak.»
Author: Robert MacIntosh