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Letter "P" » Peter Morici Quotes
«Housing prices and stock prices tend to go up at different times. With housing markets flat or falling, people might decide not to put so much money into getting a bigger house but might instead put their money into the stock market.»
«This is not a war on the scale that it changes the face or personality of the domestic economy, but it is a small tax on the domestic economy.»
«Good forecasts sell stock, bad ones don't. On Wall Street, you're much better off erring on the positive side than on the negative.»
«If there's a prolonged labor stoppage, people won't be wanting to buy their cars again. They'll think the company might not be there to honor the warranty.»
«The harder the union bargains, the more plants are going to close.»
«There's a myth out there that Americans can't get along without American-made cars.»
«China needs American technology, American capital and American business acumen. If there's a backlash against China it could be devastating to the Communist party and to stability in China.»
«It means trouble for GM. They are going to have trouble moving as many vehicles as they did last year and their market share will continue to shrink.»
«Business investment is increasingly the engine pulling the economy forward.»
«This remarkable pace was partially catch-up.»