I give him an A-plus. Job 1 was, 'Don't upset the market,' and he didn't do that.
More Quotes from Richard Yamarone:
Every piece of economic data we have received over the last six weeks is showing signs of higher inflation that threatens to erode economic growth. The after-shocks of the hurricanes may be longer and deeper than many now believe.Richard Yamarone
Inflation is not a problem and generally isn't during periods of economic weakness, ... This is simply because producers cannot pass along increased prices.
Richard Yamarone
As it stands right now, we're looking down to about 2.5 percent GDP growth in the second quarter and third quarter, which is perfect for what the Fed would want. That would really play into them well and certainly avoid any rate hike.
Richard Yamarone
You haven't heard one story in the last ten months, 12 months, of any company saying, hey, we have intentions of hiring. We're going to be hiring. No company has said that.
Richard Yamarone
We are going to have a winter of discontent.
Richard Yamarone
The labor market is very healthy. The most important economic indicator for the average person is their job. As long as people are working, they're earning and that's offsetting a great deal of the pain from record prices at the pump.
Richard Yamarone
Readers Who Like This Quotation Also Like:
Based on Keywords: a-plusAfter all it really is all of humanity that is under threat during a pandemic.
Margaret Chan
So I had to be the doctor to these wounded men until we could remove them to the hospital. There were fifty-four women and forty little boys with the Red Army prisoners, and I went daily to take care of them also.
Agnes Smedley
Our mind is capable of passing beyond the dividing line we have drawn for it. Beyond the pairs of opposites of which the world consists, other, new insights begin.
Hermann Hesse