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Robert MacIntosh Quotes
«Inflation is not an issue right now. We're looking for inflation to be between 1 and 1-1/2 percent this year. It's typical that you see inflation come down and stay low for a while after you have had an economic slowdown.»
«We will get well into the second quarter before the job situation really starts to improve. That's typical of recoveries; it takes a couple of quarters before the labor market starts to turn around.»
«Banks, bond investors and equity investors will ratchet down their idea of what's normal and acceptable as far as earnings and cash flows go.»
«The Fed is certainly fighting inflation right now, and this probably gives them a little more oomph to fight.»
«Now that the hurricane effect is out of the way, the numbers are indicative of the actual strength of the economy. I'm optimistic next year it will be in the high 3s to low 4s, decent growth with low inflation.»
«Retail sales were down, which isn't a surprise, but they were down more than might have been the case, but January was revised up so you have to average those two months because we had all sorts of weather issues. If you average the two of them we are doing fine. People are still willing to spend.»
«This is what the Fed wants, they want housing to slow -- that is the place where they can most effect wealth creation and spending. The Fed is that much closer to being done. I think they are done after next week.»
«The Fed is that much closer to being done. I think they are done after next week.»
«The Fed is much closer to being done.»
«It's probably not good for bonds if the Fed is still raising rates on the short end and people are uncomfortable with the yield curve.»