Once a person is appointed, they are basically independent. If you're president, you want someone who would temper their criticism of you.
More Quotes from Drew Matus:
I would have thought people would have changed their earnings expectations given that higher rates were expected to slow growth. The expectation all along was that because of productivity growth, companies would be able to keep boosting their profit margins, even if they weren't producing as much in goods and services, but that's obviously is not the case.Drew Matus
His speeches are well thought out. After Greenspan, he's the one whose comments are most closely watched by the markets.
Drew Matus
We had a lot of companies in that period that were not making money, hiring a lot of people who were not doing anything for their pay.
Drew Matus
Growth is picking up in the labor market. People are returning to work, working longer hours and making more money. This shows that the economy is healthy. Fears of a soft patch were overblown.
Drew Matus
When you have MA activity, strategic decisions are being made, and that's a development that only occurs when people are very confident and looking towards the future. That will help the economy, and we will have hiring.
Drew Matus
There's no sign of inflation, and the labor market is still weak. There's still plenty of room from the Fed's point of view.
Drew Matus
Readers Who Like This Quotation Also Like:
You just can't get too focused on worrying about what's going to happen in the next quarter. You have to worry about where the business is headed long-term.James Sinegal
If you go back to the first single-cell form of life, it clearly possessed the capacity to receive, to utilize, to store, to transform, and to transmit information.
Dee Hock
A critic is someone who never actually goes to the battle, yet who afterwards comes out shooting the wounded.
Tyne Daly