It's not really that shocking we kind of expected it, ... As the economy begins to moderate, we'll get these sporadic spurts of growth -- like an engine running out of gas. We suspect the trend will remain moderation.
More Quotes from Richard Yamarone:
Inflation pressures are rising, but at a subdued pace.Richard Yamarone
We are convinced that a large portion of the tax refunds that are scheduled to arrive in consumers' mailboxes in March and April will be dedicated to these exorbitant energy costs, ... With that, there'll be less money spent on other goods and services.
Richard Yamarone
For all intents and purposes the Fed is going to move at a measured pace whether that word is in there or not. And now, the longer end of the yield curve should react more to Fed moves.
Richard Yamarone
There are a number of things weighing heavily on corporate decision making. They're hesitant to go forward with anything above the bare necessity to keep their business profitable.
Richard Yamarone
As long as there is a perception that higher prices are in the tea leaves, that's a problem certainly for policy makers. And I think that's why the Federal Reserve seems hellbent on raising rates.
Richard Yamarone
Now it's time to pay the piper and get this deficit back down to more manageable levels, and I believe the president's budget will address these issues,
Richard Yamarone
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Based on Topics: Moderation & Temperance QuotesA king should die on his feet.
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No problem is too big to run away from.
Charles M. Schulz
I'm a slow walker, but I never walk back.
Abraham Lincoln