James Glassman Quotes

When you're an economist trained in conceptual stuff, you tend to be less intuitive. You fall back on this conceptual framework that the profession has invested a lot of time in. - James Glassman

When the economy recovers, the last place you are going to see it is in the job numbers. - James Glassman

We're seeing it already. If you look at Wal-Mart's numbers and strip out the effect of grocery-store sales, there are signs of stress behind the scenes there... What many of us are concluding here is that ... because of what is going on with energy, we will probably see a much softer fourth quarter. - James Glassman

We won't know what the trend is until we have several months behind us. - James Glassman

Usually economists are figuring things out after the fact, especially the Fed chairman. - James Glassman

Two things every American knows: the price at the gas pump and their house story. We all sense there is a shift in the market . . . from a seller's market to a buyer's market. We'll see more in the data in the coming months that will confirm what we all know. - James Glassman

This sounds like a good idea. It does make sense in much of the world. - James Glassman

This report just puts together all the news that people had been looking at for the last several weeks. The Fed is going to do what it takes because they fear that maybe growth in the first quarter is close to zero. - James Glassman

This is adding to the evidence that the economy is going to pick up and I think that we're going to keep seeing a better job picture. - James Glassman

This is a view of the economy as we knew it; the world has changed a bit (since then). It's highly likely the Fed will pause for a while. - James Glassman

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