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Letter "G" » Gerald Cohen Quotes
«The claims have not been low enough to merit cheering, but the direction has been generally positive, and that's the first step.»
«A self-sustaining recovery depends on job growth. And I think we will get some going forward.»
«If prices are rising in response to a pickup in global demand, that's a good sign for the economy. Though it does impart a drag on the economy, you don't feel it as much.»
«We're talking about the difference between a little below and a little above, but the number is consistent with the view that we're going to see payrolls flat to lower in August.»
«But whether payrolls come in at minus 10,000 or plus 10,000, it won't tell you that much.»
«Wouldn't it be nice to see a repeat of that?»
«It's consistent with the view that things are not good now, but there's the potential for a pickup. The only question is what the magnitude of the pickup is going to be, and we're not as sanguine as [Greenspan is] about that.»
«These numbers give you pause. The ISM and the fact that jobless claims continue to rise suggest there continues to be job loss.»
«That could cause the Fed to raise rates faster.»
«No two periods are ever identical, and we don't expect cars to sprout fins, but we do think that there's a good chance that many of the favorable economic trends of the 1950s will re-emerge in the years immediately ahead.»