By any measure, third-quarter economic growth was quite impressive. It would be even more impressive if it could be sustained in the fourth quarter, but we're almost certain to lose some momentum.
More Quotes from Richard Yamarone:
It's not all roses in the labor market. I think the worst is behind us, but we're more likely to have flat, or sideways, movements in job creation for the next year, year and a half.Richard Yamarone
I can't see the state of job creation changing for the better anytime soon.
Richard Yamarone
We have not seen any inflation yet, but what we have heard is an inordinate number of price increase announcements in the third or fourth quarter, but they were not supposed to take effect until Jan. 1.
Richard Yamarone
The sentiment I get from the Beige Book, along with listening to quarterly earnings conference calls, and just the general tone of my conversations with people who have their fingers on the trigger of hiring, say companies are just not doing much of it.
Richard Yamarone
The Fed may pause ... but I think that would be a mistake. With the economy advancing at such a torrid pace, the Fed can afford to err on the side of overdoing it. ... The mistake would be to refrain from combating inflation pressures.
Richard Yamarone
The December inflation picture may look relatively benign, but the early 2006 outlook is considerably different.
Richard Yamarone
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The happiness of your life depends upon the quality of your thoughts: therefore, guard accordingly, and take care that you entertain no notions unsuitable to virtue and reasonable nature.Marcus Aurelius
I've always been that way. I'm not very good at reading music but I'm pretty quick at picking things up.
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We must trust our own thinking. Trust where we're going. And get the job done.
Wilma Mankiller