Business spending is the Achilles heel of the economy, ... The economic baton needs to pass from consumers to businesses.
More Quotes from Sung Sohn:
Had this report showed another plunge in confidence, then I think it would have been a sure bet to expect another cut sometime in April,Sung Sohn
If prices remain where they are, and the rest of the economy performs well, that won't be the end of the world,
Sung Sohn
We knew the data collected after the attack was going to be weak, but I was a little dumbfounded by the fact that the numbers even before the attack were awfully weak, ... Even before the attack, the economy seems to have relapsed into the doldrums.
Sung Sohn
In the early stage of an economic recovery it is almost normal to see some volatility in consumer confidence because the jobless rate continues to rise, jarring people's confidence, ... However, all the pieces are in place to generate recovery, including healthy spending, robust housing and record low business inventories.
Sung Sohn
A slight decline should not change the picture that much, ... If you look at the fundamentals, despite all the negative news, consumers are in pretty good shape. The jobless rate is pretty low, and their net worth is going up because house prices going up
Sung Sohn
The productivity gains have been stunning.
Sung Sohn
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Based on Topics: Business & Commerce Quotes, Economics QuotesEvery experience is a paradox in that it means to be absolute, and yet is relative; in that it somehow always goes beyond itself and yet never escapes itself.
T. S. Eliot
Never be in a hurry; do everything quietly and in a calm spirit. Do not lose your inner peace for anything whatsoever, even if your whole world seems upset.
Saint Francis de Sales
Color in certain places has the great value of making the outlines and structural planes seem more energetic.
Antonio Gaudi