I'm not bullish on the holiday shopping season, but I'm not as bearish as some people have been.
More Quotes from Sung Sohn:
The rate cut could be temporary, but in these times of crisis, I think it's not inappropriate,Sung Sohn
Inflation is not an issue right now. However, it could be in the future. The Fed will begin to worry about inflation because monetary policy affects the inflation rate with a lag of as much as 18 months to two years, so they need to worry about it now.
Sung Sohn
All the pieces are in place to generate healthy economic growth for the balance of the year, ... But so far, political and economic uncertainties have overshadowed the strengthening in corporate profits.
Sung Sohn
The third cylinder of economic growth is beginning to fire, ... The other two cylinders are inventory swings and consumer spending. Outside of telecommunications and airplanes, business capital spending has begun to improve already, beginning in the first quarter.
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
We're still losing jobs, but the rate of loss is expected to slow, ... That, hopefully, will be viewed that the economy is starting to improve.
Sung Sohn
Readers Who Like This Quotation Also Like:
Based on Topics: People QuotesEveryone gets the feeling that they know you and they know your life, and I felt really embarrassed by that.
Charlotte Gainsbourg
Whereas fiction is a continual discovery of what one wants to say, what one feels, what one means, and is, in that sense, a performance art, biography requires different skills - research and organization.
Edmund White
Hollywood never knew there was a Vietnam War until they made the movie.
Jerry Stiller