“To apply the Western standard of recession is not appropriate in Japan.”
“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.”
“You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets.”
“He [Greenspan] is going to say we're not in a recession, but the risks are very, very high,”
“The yield curve has been one of the more reliable indicators of turning points, not necessarily recessions, but slowdowns in the economy.”
“The outlook for the second half is shakier -- but we do not see any sign of recession here.”
“We're not in a recession. We're not going to be in a recession. Recovery is on the horizon. The decks are clear. The economy is in direct drive,”
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