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Letter "M" » Mickey Levy Quotes
«We've seen a clear pickup in consumer spending and housing and now the manufacturing sector. I'd say with a couple more months, businesses will start to gain confidence.»
«[But what's been holding the markets back from jumping in more fully is] the turnaround in corporate profits and cash flows, ... Secondly, it's just confidence that we're coming out of this recession and that product demand will be increasing.»
«Particularly with the recent jump through energy [costs], real wages have fallen behind a little bit. The financial markets are too quick to assume that higher wages result in inflation. That's not true at all.»
«What we see is manufacturers are increasing production slightly but only enough to meet demand. They're not really comfortable enough to build inventories or hire a lot yet, but things are improving modestly.»
«The recession has ended, ... It is pretty typical but mild recession because consumer spending remained firm and housing continued to grow.»
«Everything is in place for a healthy rebound.»
«I think we are in a recession. All the major indicators are not just declining, but have been declining for a while,»
«Looking forward, the factors are in place for economy to rebound, ... Capital spending will stay in negative territory for a while, but I expect consumer spending to turn by the end of the year.»
«There is a concentrated effort to draw Jerusalem into the circle of violence.»
«The critical question is how much the White House listens to Greenspan.»