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Letter "D" » David Kelly Quotes
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«Even if consumers pull back a bit, just rebuilding those inventories will add a lot of growth. We will see a shift to business spending from consumer spending in the fourth quarter, and when that occurs, it will be quite healthy.»
Author: David Kelly
«It's pretty tough if you run a retail business in Manhattan. I'm sure the guys on Fifth Ave will be feeling the pinch because of this to some extent.»
Author: David Kelly
«Baby boomers are turning 60, and they're working to build up those nest eggs for retirement. For some that are running behind, that means putting at least some of that nest egg into more aggressive investments. For a while, that was real estate or high-yield bonds. Not anymore.»
Author: David Kelly
«No matter how much gas is or how the stock market is doing, we always seem to do fairly well because of that dream people have. It just seems that that one dream just can't be denied.»
Author: David Kelly
«Out West they have really caught on, and we're seeing more of them in Florida.»
Author: David Kelly
«Reading the minutes carefully, I don't think it really changes my view or the market's view of where the Fed was.»
Author: David Kelly
«Two recessions in more than eighteen years is not a bad E.R.A. -- earned recession average. The bottom line is he did a very good job as Fed chairman.»
Author: David Kelly
«One of the biggest upward revisions was to investment spending on equipment, exactly the area we're worried about, ... That grew marginally, and that's the start of something.»
Author: David Kelly
«What generally happens is, during the first year of economic expansion, we see more productivity growth than job growth, and that changes as you go into the second year, ... We may be on the cusp of that.»
Author: David Kelly
«It generally takes a few months after GDP growth such as we saw in the third quarter before that turns into strong growth in employment,»
Author: David Kelly
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