“Our leading indicator - the one that's never lied to us like the politicians - suggests only 23 percent probability of recession over the next 12 months, that's very low.”
David Littman
“I'm not predicting a double-dip recession, but the odds of it have gone up. Instead of 5 percent, there's maybe a 15 or 20 percent chance of it now.”
Robert MacIntosh
“The chances of Japan going into another recession are more than 50 percent within this year.”
David Satterwhite
“We have been and are probably in the midst of some sort of significant recession, ... The stock market predicted it ? it's already down. Since the market has already priced in the recession, we get these really strong reactions on the upside when there's a glimmer of anything positive.”
Michael Holland
“Despite the ongoing effects of the Asian recession and the stronger dollar, we had another solid quarter, with 21 percent earnings-per-share growth and continued strong cash generation, ... We remain comfortable with the consensus earnings estimate for 1998 and expect to see earnings per share increase by a further 15 percent in 1999.”
David George
“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
“On the [jobless] claims, you're now moving into a range that suggests a recession. I don't even know if many of the airline layoffs have hit this number yet, so it's going to up big time.”
Carey Leahey
