“In the early 1990s, we were coming out of a recession and you typically expect a burst of tech spending. That's what we witnessed last year. That pattern is quite analogous.”
David Joy
“You've already seen the U.S. export part of its recession out here. What we expect to see over the next couple of years is a lot of companies going out of business.”
Jim Walker
“Two recessions in more than eighteen years is not a bad E.R.A. -- earned recession average. The bottom line is he did a very good job as Fed chairman.”
David Kelly
“This in some terms has been one of the mildest recessions on record, ... but it has been a severe recession by business standards and by the standards of the industrial sector.”
Gail Fosler
“You've got a recession in the auto and computer industries, you've got inventories piling up, you've got mediocre consumer spending, you've got a terrible stock market. I think the time to cut rates is now and I think they are in a good position to do it. If the Fed shows tomorrow that they realize this economy needs stimulus, I think it would be a wonderful gift for the stock market.”
Greg Valliere
“The teen is pretty recession proof and always likes to spend during the holiday season. The Gap unfortunately is still having trouble connecting with the customer.”
Christine Chen
“The equity market typically positions itself for economic recovery at the approximate mid-point of recession.”
Christine Callies
