Ultimately, a weaker dollar will spur policy shifts abroad that will be good for global growth. Ultimately, that will help earnings as well.
More Quotes from Richard Berner:
Home prices will rust, not bust, for the next few years.Richard Berner
The unemployment rate in the first quarter should have been at least 6.3 percent -- significantly higher than January-February's 5.75-percent average,
Richard Berner
The U.S. stock market is pricing in a hard landing, an acceleration of inflation and a Fed that may or may not come to the rescue. Part of that message is emanating from the bond market and part of it is coming from some thick smoke signals that the banks are sending.
Richard Berner
The underlying pace of the economy is strong. The fact that global growth is looking better will keep the economy strong through the balance of this year.
Richard Berner
The US economy is currently in the midst of the most profound hiring shortfall of any modern-day business cycle.
Richard Berner
The issue is does OPEC think the global economy is strong enough to withstand the change in price. It just so happens that the economies that are seeing the biggest price increases -- the United States and China -- are also the strongest.
Richard Berner
Readers Who Like This Quotation Also Like:
The mortality of all inanimate things is terrible to me, but that of books most of all.William Dean Howells
Becoming famous and selling a lot of records doesn't change a thing.
Macy Gray
Let's cause some senators distress.
Peggy Noonan