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Letter "S" » Sung Won Sohn Quotes
«I'm not bullish on the holiday shopping season, but I'm not as bearish as some people have been.»
«Probably the overall (CPI) number will be somewhat higher than anticipated, but like PPI, the core-number should be close to forecasts.»
«The central bank runs the risk of raising the interest rate too fast. Historically, the central bank had overreacted to inflationary pressures, contributing to economic recessions.»
«The economy fired on all cylinders in January.»
«A slight decline should not change the picture that much, ... If you look at the fundamentals, despite all the negative news, consumers are in pretty good shape. The jobless rate is pretty low, and their net worth is going up because house prices going up.»
«For every 10-percent appreciation in the dollar, it cuts inflation by one full percentage point, assuming the strength of the dollar is sustained,»
«Consumers are not on a spending spree, but they continue to spend,»
«Businesses are going to be waiting and seeing. The most important factor is how consumers behave, ... The cost of capital is important, but in the final analysis, you've got to sell products. If you're not going to sell products, you're not going to need capacity.»
«Even before the attack, the economy seems to have relapsed into the doldrums,»
«If the economy turns up by next spring, we should see housing doing better by then, ... Between now and the end of the year will be the worst period for housing.»