I suspect that interest rates must increase considerably more than is currently expected or has been built into forward markets.
More Quotes from Charles Lieberman:
These numbers are outstanding, ... Inflation still remains very well behaved.Charles Lieberman
As long as the productivity numbers are very good, the higher wage gains can be offset by higher productivity gains,
Charles Lieberman
Inflation, on the surface, does not appear to be a concern, but it's obvious that prices for some items are rising, ... It's inevitable that when people are armed with fatter paychecks and when companies are spending more to produce goods and services, prices are going to rise.
Charles Lieberman
It's a very confused report (and) the message is still ambiguous. This could be the beginning of something substantial, but it's hard to accept a number like that at face value. We'll need more numbers to digest.
Charles Lieberman
That's actually good news. It means we're carrying less inventory and the production process is adjusting.
Charles Lieberman
Analysts and economists remained uncertain whether Greenspan's latest comments would do more than puzzle investors. He's treading on very thin ice, ... When the Fed chairman says that the stock market is very expensive, the average investors is not going to be pleased.
Charles Lieberman
Readers Who Like This Quotation Also Like:
Do not let circumstances control you. You change your circumstances.Jackie Chan
It's hard to detect good luck - it looks so much like something you've earned.
Frank Howard Clark
Progress everywhere today does seem to come so very heavily disguised as Chaos.
Joyce Grenfell