The gap between rapid growth and subdued employment is a familiar story reflecting a possible 'once in a lifetime' surge in productivity,
More Quotes from Robert DiClemente:
With labor markets eroding rapidly, external growth faltering badly, and domestic inflation low and falling, the Fed can afford to err on the side of accommodation.Robert DiClemente
Under these conditions, policy-makers will want to maintain a continued period of very low interest rates and highly accommodative financial conditions to propel aggregate demand well above the upper end of reasonable estimates of potential growth,
Robert DiClemente
You've got this awkward confluence of a Fed that's getting nearer and nearer to some critical level of rates and an inflation forecast that has been more in doubt or more in play than it has been for some time,
Robert DiClemente
True, the fuel for faster recovery is amassing. But that prospect does not materially alter chances that inflation will also remain well anchored.
Robert DiClemente
With higher inflation still a tangible threat, officials cannot rule out the possible need to move beyond neutral.
Robert DiClemente
While financial markets are focused on all the gloom ... they risk missing the incipient turnaround in corporate profits. Based on the latest GDP figures, corporate earnings probably bottomed in the third quarter. Firms are making the necessary adjustments to restore profitability by reining in their costs, especially labor compensation.
Robert DiClemente
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Based on Topics: Work & Career QuotesIn Hollywood people lie to each other and cheat each other and then go and play tennis. But I don't want to be a tennis player.
David Geffen
The belief that youth is the happiest time of life is founded on a fallacy. The happiest person is the person who thinks the most interesting thoughts, and we grow happier as we grow older.
William Lyon Phelps
I just really wanted to do art, except when I was taking those photographs of people I would make the clothes that I would photograph them in so I could control the whole thing.
Stephen Sprouse