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Ken Mayland Quotes
«If the Fed is wrong and inflation runs too high, out of control, there can be a catastrophic loss of confidence in the Fed that has national and international implications.»
Author: Ken Mayland
«It's going to take more that a one-month decrease in consumer prices to knock the Fed off it rate-rise bandwagon.»
Author: Ken Mayland
«Any long-term plan without an education component isn't a complete plan. We are seeing a brain drain.»
Author: Ken Mayland
«We are still anchored down by our above-average dependence on the auto industry, which doesn't have much upside potential. GM is in a struggle for survival.»
Author: Ken Mayland
«Consumer spending in the fourth quarter is going to be low, and capital spending and inventory rebuilding is what takes up the slack. There are also increases in government purchases, a lot of that going for Gulf reconstruction.»
Author: Ken Mayland
«This employment report neither screams tighten further nor shouts stop here. More information from other indicators is needed to determine the proper course of policy.»
Author: Ken Mayland
«We're grinding out some good increases here. We're producing more than we ever did and our capacity to produce industrial goods has increased.»
Author: Ken Mayland
«The most encouraging signs in the December report was that inventories declined in an absolute sense and at a faster rate. That implies a need for future restocking and that should be a good sign for January, February and March.»
Author: Ken Mayland
«I fully expect the economy to bounce back strongly in the first quarter. Auto sales will be stronger and inventories are still very lean, which points to a better first quarter.»
Author: Ken Mayland
«What the Commerce Department calls savings is something different from what ordinary people call savings. Commerce calls savings basically current income not spent, whereas individuals call their savings really their wealth, their accumulation of all past savings.»
Author: Ken Mayland