When he leaves ... he will take away 18 years of confidence the markets have invested in him.
More Quotes from Stephen Roach:
I am feeling better about the prognosis for the world economy for the first time in ages.Stephen Roach
By staying disciplined with regard to inflationary policy, the Fed nips any inflationary expectations in the bud.
Stephen Roach
There is a dangerous degree of complacency, and out of that comes a surprise that does the most damage to the global economy.
Stephen Roach
With global trade screeching to such a standstill, so, too, should the external demand contributions of most major economies around the world,
Stephen Roach
Consumers have stagnant real wages and they are getting hit with the shocks of higher energy prices. This is not a good combination for the overstretched consumer.
Stephen Roach
I think there's every reason to believe that another jobless recovery could be in the offing in the years immediately ahead -- one that would take a comparable toll on consumer demand.
Stephen Roach
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Based on Topics: Confidence QuotesHow strange it is that murder has the sanction of law in one and only one of the human relationships, and that is the most important of all, that of nation to nation.
Paul Harris
The existence of inherent limits of experience in no way settles the question about the subordination of facts of the human world to our knowledge of matter.
Wilhelm Dilthey
All nature's creatures join to express nature's purpose. Somewhere in their mounting and mating, rutting and butting is the very secret of nature itself.
Graham Swift