Never ignore a gut feeling, but never believe that it's enough.
Never ignore a gut feeling, but never believe that it's enough.
The first myth of management is that it exists. The second myth of management is that success equals skill.
Fear is excitement without breath.
What is called for at the present time is prudence in fiscal policy and a continued application of the brakes in Federal Reserve policy. That's the policy that will get us into a future that where we see continued growth and very moderate inflation.
Most people don't manage to the utmost of their ability because they don't want to.
I think the Fed is still on track to raise rates until the growth rate slows or until we see negative numbers on inflation, ... Only if we had a real stock market rout would they say, 'OK, time to hold your powder right now.'
The greater the risk, usually the worse the idea.
One of the reasons we did this project is that in 10 years many of these people won't be here.
The (stock) markets have basically ignored the 1-percent-plus increase in the fed funds rate over the past year, ... The fixed-income market where these companies do their borrowing has not as yet responded as effectively as the Fed may have liked.
Effective management always means asking the right question.
There's certainly a debate going on in the Fed, with some people arguing that we are at the end, and others saying, well, the end hasn't quite come yet.
The difference between management and administration (which is what bureaucrats used to do exclusively) is the difference between choice and rigidity.
If you look forward you have to turn consumer confidence around to keep the economy on an even keel. In a zero-growth environment, you need action now. Anything you provide later on is too little too late.
We're in discussion at the moment.
Spare the innovation and ruin the company.
What each candidate wants to do will have an impact on the economy, there is no question about that. It's how they are proposing to implement their plans that is so dramatically different.
It's one of many indicators the Federal Reserve is watching, and it just adds to the general picture of an exuberant -- of a very, very strong economy indeed.
© 2020 Inspirational Stories
© 2020 Inspirational Stories