Robert Diclemente Quotes
You've got this awkward confluence of a Fed that's getting nearer and nearer to some critical level of rates and an inflation forecast that has been more in doubt or more in play than it has been for some time.
- Robert DiClemente

While financial markets are focused on all the gloom ... they risk missing the incipient turnaround in corporate profits... Based on the latest GDP figures, corporate earnings probably bottomed in the third quarter. Firms are making the necessary adjustments to restore profitability by reining in their costs, especially labor compensation.
- Robert DiClemente

This to me looks more like what retailers had said, that colder weather in May might have depressed sales in ways that are not really fundamental... Early anecdotal evidence for June shows a snap-back. It would be a big mistake to view this as a sign of a new wave of retrenchment.
- Robert DiClemente

The wealthiest households took the hardest hit from the equity slide over the past two years and had the largest debt exposure. Since these high-income households are in the best position to withstand deterioration in their financial positions, the shocks are likely to have a limited effect on overall consumer spending.
- Robert DiClemente

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