But what's been holding the markets back from jumping in more fully is the turnaround in corporate profits and cash flows, ... Secondly, it's just confidence that we're coming out of this recession and that product demand will be increasing.
More Quotes from Mickey Levy:
The critical question is how much the White House listens to Greenspan.Mickey Levy
We should start to see some slowing of exports to Asia and some acceleration of imports. That should start to show up, and what that constitutes is a widening gap between domestic demand, which will stay strong, and some slowdown in domestic production,
Mickey Levy
I'd say this doesn't provide any evidence for an interest rate move one way or the other.
Mickey Levy
This number may be a touch better than expectations.
Mickey Levy
Mickey Levy, chief economist for Bank of America said the money that will pour in may more than make up for the hits New York will take in finance, tourism and retail. The rebuilding will take place and be financed by federal and local authorities, ... New York will still be the most important city in the world.
Mickey Levy
I expect employment to increase, but I also expect the unemployment rate to remain pretty high. We'll get the rate lower, but it will take time.
Mickey Levy
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