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Richard Yamarone Quotes

«August isn't exactly a barnburner for job creation. It didn't appear as if corporate America flicked on the hiring switch last month. I think there were a lot of problems plaguing big business. So I don't think we're going to get a big jobs number.»
«I can't imagine that these energy prices aren't elevated through the winter. We anticipate even higher prices. Companies don't want to hire ahead of uncertainty.»
«This is the guy you want now.»
«God forbid this happened next year when we'll have a new kid on the block, ... We did have that with Greenspan in 1987, and he did fine.»
«The economy is motoring along and we are indeed creating more than a decent amount of jobs. But there are a number of hurdles that lie in our path of prosperity ? record energy prices and the economic consequences of Hurricane Katrina.»
«The problem, and every Fed official is fully aware of this, is that every recession since 1971 has been preceded by two things: higher oil prices and an increasing federal funds rate.»
«If they didn't pause after Katrina, they are not going to pause in the next few months.»
«You haven't heard one story in the last ten months, 12 months, of any company saying, hey, we have intentions of hiring. We're going to be hiring. No company has said that.»
«Every piece of economic data we have received over the last six weeks is showing signs of higher inflation that threatens to erode economic growth. The after-shocks of the hurricanes may be longer and deeper than many now believe.»
«We are going to have a winter of discontent.»

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