Stephen Slifer Quotes

Whether the Fed is going to tighten or not is really going to be determined, I think, by the flow of data we get between now and Aug. 24. - Stephen Slifer

Whether it's 7 percent or 7.3 percent the point remains the same: Growth is really strong and what's obviously an issue is how long this going to continue and what are we going to see going forward for the first few quarters of 2000. - Stephen Slifer

What we worry about is that some of the decline in the stock market can spill over and begin to erode confidence. If the stock market takes out Sept. 21 lows, people are going to worry that something's wrong -- I can see the headlines -- and I wonder what that will do to people. - Stephen Slifer

What it's all adding up to is an economy that's starting to show signs of slowing down. It's not happening very quickly but the earlier Fed rate increases are having an effect. - Stephen Slifer

Were in the camp that says this is very much ado about nothing... I really do think the markets have overreacted to the prospect of higher rates. - Stephen Slifer

These numbers are going to be a harbinger of things to come. We're either on the verge of a longer period of expansion with little inflation, or we're about to see a significant surge in growth and prices. These numbers will really show us where we're at. - Stephen Slifer

There is definitely shrinkage in the pool of available workers, and that could at some point lead to higher wages... If the Fed is looking at that, they could decide to move. - Stephen Slifer

The problem is not what's going on now; things are wonderful -- it's what could potentially happen in the future that the Fed and Greenspan are protecting us from. The economy is chugging along at a pace that's really exceeding the speed limit and that could cause some damage in the long run. - Stephen Slifer

That wage number is key. - Stephen Slifer

It's important to stress that we do have some very good things going on in this economy, which Greenspan reiterated yesterday. What we should be thinking about is that this is a move that's designed to be a little bit preemptive to make sure that this rapid growth does not start resulting in higher inflation. - Stephen Slifer

Page 1 of 2

Next -> Last ->>