All three of the Big Three automakers have been increasing the amount of their production planning, ... We're also seeing a little kick-up in overtime hours. Even if demand tapers off, they'll need to get production going to get inventories to more normal levels.
More Quotes from Carl Tannenbaum:
It has surprised all of us that the economy has performed so strongly, but we think that the accumulated influence of higher rates both in the market and by the Fed will begin to take a little bit of starch out of the economy.Carl Tannenbaum
This economy has a lot of momentum and seems intent on challenging the Fed to keep in under control. Inflation is a real risk here after six years of expansion. The Fed perhaps is taking the first step, a down payment if you will, to try and keep that under control. But it may take more than what we saw yesterday.
Carl Tannenbaum
We've been able to achieve great things amid great challenges- including the stock market crash of 1987, the bursting of the stock bubble in 2000, two wars and the September 11, 2001, terror attacks. Alan Greenspan might be thought of as our most valuable economic player.
Carl Tannenbaum
Eighteen years of excellence has earned Greenspan the benefit of the doubt when blame is being allocated.
Carl Tannenbaum
The survey was taken in a dark week immediately after Katrina. The images (in the media) were of the type that don't makes us confident about anything.
Carl Tannenbaum
The new chairman, undoubtedly, is going to be someone that the administration is comfortable with, but I think the new chairman should take the step early on of showing that they are going to remain independent-minded.
Carl Tannenbaum
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Richard Dooling
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I'm the computer operator for Operation Rescue National.
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