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Quotations
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Mark Vitner Quotes
«The mystery is why this prolonged profit slump has not led to a larger cutback in consumer spending, ... The longer the profit drought persists the greater the risk is that this recession will broaden and deepen.»
Author: Mark Vitner
«Anecdotal evidence and common sense suggests that core inflation has not been anywhere near this tame,»
Author: Mark Vitner
«(The Fed) would rather see slower economic growth over the next two years than the return of stagflation three or four years down the road, ... And I think they'll do everything they have to make sure we don't have stagflation.»
Author: Mark Vitner
«While it seems counterintuitive, higher gasoline prices are actually helping restrain core inflation, ... With more money being spent for gasoline, consumers have fewer dollars left for discretionary purchases. The net result is that firms are slashing prices on everything from cars to beer in order to move product.»
Author: Mark Vitner
«Back in late 2000 the Chicago PMI weakened a month ahead of the ISM survey. The weakness then also came quite unexpectedly and soon afterwards the Fed abruptly reversed course,»
Author: Mark Vitner
«We haven't seen that much improvement in employment of hourly workers because the job market for lower-skill workers still has a lot of slack in it, ... But if you look at skilled workers, it's a much different picture. We're starting to see some real shortages in some sectors.»
Author: Mark Vitner
«We haven't seen that much improvement in employment of hourly workers because the job market for lower-skill workers still has a lot of slack in it. But if you look at skilled workers, it's a much different picture. We're starting to see some real shortages in some sectors.»
Author: Mark Vitner
«While it seems counterintuitive, higher gasoline prices are actually helping restrain core inflation. With more money being spent for gasoline, consumers have fewer dollars left for discretionary purchases. The net result is that firms are slashing prices on everything from cars to beer in order to move product.»
Author: Mark Vitner
«(The Fed) would rather see slower economic growth over the next two years than the return of stagflation three or four years down the road. And I think they'll do everything they have to make sure we don't have stagflation.»
Author: Mark Vitner
«The mystery is why this prolonged profit slump has not led to a larger cutback in consumer spending. The longer the profit drought persists the greater the risk is that this recession will broaden and deepen.»
Author: Mark Vitner
