The decline in inventory suggests that production will start to ramp up and should lead to a pick up in growth going forward.
More Quotes from Gerald Cohen:
If stimulus that was passed when the economy was weak takes effect when the economy is on firmer footing, that could be more stimulus than we need.Gerald Cohen
Business intelligence continues its proliferation across the enterprise and we have witnessed the evolution as BI has made its way out of the back office and onto the shop floor, the home office, and the sales field. For the past 30 years we have provided customers with cutting-edge technology and innovative strategies to support organizational success. The advent of portable business intelligence builds on our pioneering spirit and commitment to customer requirements.
Gerald Cohen
Inventory levels are lean, meaning companies will need to pick up production.
Gerald Cohen
The claims have not been low enough to merit cheering, but the direction has been generally positive, and that's the first step.
Gerald Cohen
The core is up 0.3 percent over the last year, and so there really is no inflation, ... In the first year of recoveries, consumer price inflation tends to fall as it did in the past 40 years. We believe inflation should not be an issue for the foreseeable future.
Gerald Cohen
I think the Fed is on hold tomorrow and for the foreseeable future. We've actually been proponents of the view for quite a while that the economy was going to moderate, and it was important for the Fed to be patient. And one of the dangers was if the Fed kept raising rates, that they would slow the economy a lot more than they would want. So we think that there are enough signs of moderation that the Fed will remain on hold, and we think that signs of moderation will continue. So we think the Fed will be on hold through the end of this year and into early next year.
Gerald Cohen
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