There are varying degrees of pain, but I don't think there are going to be many sectors that are not going to be impacted,
More Quotes from John Silvia:
We are currently estimating first-quarter US real gross domestic product growth at 5.3 per cent and feel the risks are nearly uniformly stacked on the upside.John Silvia
Job gains were clearly below expectations and trend. There may be some bounce back next month in specific sectors. Slower job gains may also reflect the impact of higher oil prices and uncertainty in the spring.
John Silvia
The rate of spending is less than you would have expected given the typical business cycle. Companies have made a lot of money, but if you look at equipment and software spending, this cycle is below the pace of the past three or four cycles.
John Silvia
I think clearly the retail employment number is goofy. I think when that number is revised and we look back several months, we'll eventually see a gain.
John Silvia
On balance, I think it's the latter. In most businesses, inventories are in line with sales expectations.
John Silvia
We're expecting housing to be flat in the second quarter and a drag on economic growth in the third quarter and fourth quarter.
John Silvia
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Based on Topics: Pain QuotesIt doesn't really change, actually. I think The Rolling Stones have gotten a lot better. An awful lot better, I think. A lot of people don't, but I think they have, and to me that's gratifying. It's worth it.
Charlie Watts
We once did six tours of America in 15 months.
John Bonham
I am depressed rather at the wave of brutality sweeping over the country.
John Burns