I don't necessarily think the world's coming to an end. If we can score some major victories in Afghanistan and get other nations to take care of their own terrorists without involving U.S. troops, I think confidence could rebound just like it did after the Gulf War.
More Quotes from Sung Sohn:
Businesses are still awfully cautious about hiring. They used to hire in anticipation of increase in demand. Now they try to wait till the last minute.Sung Sohn
Construction spending is always a lagging economic indicator, especially in commercial construction, because of the time it takes to plan, execute and build. I expect housing to be a stabilizer, but commercial construction to be a drag on economic growth for a while to come.
Sung Sohn
If they don't deliver, we could see a sharp sell-off in markets and a drop in consumer confidence,
Sung Sohn
It will have some positive effect, but I don't think there's a strong conviction the stock market rally is going to be sustained. No one is really cashing it in and beginning to spend more money.
Sung Sohn
Without a doubt, there will be a contraction in the third quarter's GDP of approximately 0.9 percent, ... Given the slow start in October, the most likely scenario calls for a larger contraction in the 2.8-percent range in the fourth quarter.
Sung Sohn
This report is a slow boat to China, reflecting continuing business caution about hiring people. Facing unprecedented competition from both domestic and foreign sources, businesses are still focused on productivity gains with as few employees as possible.
Sung Sohn
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Based on Topics: Confidence Quotes, War & Peace QuotesNobody should trust their virtue with necessity, the force of which is never known till it is felt, and it is therefore one of the first duties to avoid the temptation of it.
Mary Wortley Montagu
If I need something, even a pair of socks, my assistant has to get them for me.
Patricia Velasquez
When Thomas Edison worked late into the night on the electric light, he had to do it by gas lamp or candle. I'm sure it made the work seem that much more urgent.
George Carlin