The new chairman, undoubtedly, is going to be someone that the administration is comfortable with, but I think the new chairman should take the step early on of showing that they are going to remain independent-minded.
More Quotes from Carl Tannenbaum:
Our guess is that long-term rates will begin to drift up later this year, albeit modestly.Carl Tannenbaum
We're trained to think that rapid growth after six years of expansion is finally going to kick prices up a little bit, but in fact they're going in the opposite direction,
Carl Tannenbaum
All three of the Big Three automakers have been increasing the amount of their production planning, ... We're also seeing a little kick-up in overtime hours. Even if demand tapers off, they'll need to get production going to get inventories to more normal levels.
Carl Tannenbaum
The pool of available labor is diminishing and worker efficiency is growing more slowly. This adds up to a higher level of pressure on wages, and, by inference, on inflation.
Carl Tannenbaum
It is the litany of uncertainty this year - the housing market moderation, worry about energy prices that may be factoring into peoples' views about the future.
Carl Tannenbaum
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I'm the one that has to die when it's time for me to die, so let me live my life, the way I want to.
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