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Letter "K" » Ken Mayland Quotes
«There is a great deal of fear and uncertainty out there. On the one hand it's sad to see peoples' lives disrupted and destroyed. On the other hand, people are worrying about how they are going to pay their gasoline bills and their home heating bills this winter. It makes for a pretty bleak view of the future.»
«These results cast more cold water on the notion that if nondiscretionary spending on energy swells, it must crimp discretionary spending. It hasn't,»
«more of an emotional response to the recent woes and gives very little insight into consumer spending behavior.»
«Accept this for what it is: an emotional reaction to tragic circumstances. But are people going to stop spending? No.»
«Considering everything, I think the picture is a little bit brighter for the second quarter and some of our fears on the economy in context of this soft patch scare are at least slightly alleviated.»
«As we get into the month of July, it is always a difficult and very volatile period for initial claims.»
«Holy Katrina! The economy weathered two major hurricanes and in spite of that showed accelerated growth. I think what this shows is that fundamentally the economy was and is in really good shape.»
«Fed members are worried about inflation. To raise the fears of inflation is in effect telling us they are going to continue to raise interest rates. Probably not just once more but repeatedly.»
«If you liked October, you are going to love November, ... because you can anticipate some further softness in these core items like new cars. G.M. has already announced the next incentive program.»
«I think any number below 350,000 is associated with good job growth. I think we are definitely getting back on track for fundamentally good job generation.»