Charles Lieberman Quotes
That's the time when a big number is most likely, mainly when we're coming out of a recession. At this stage of the business cycle, to be getting a 5 percent growth rate in productivity for a year is really very impressive. 
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Time | Number | Coming | Recession | Stage |
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[Analysts and economists remained uncertain whether Greenspan's latest comments would do more than puzzle investors.] He's treading on very thin ice, ... When the Fed chairman says that the stock market is very expensive, the average investors is not going to be pleased.
- Charles Lieberman
Unemployment is sufficiently high, and the economy has just come out of a relatively mild recession, so inflation pressures are relatively soft right now. It will take a while of solid growth before we have upward pressure on inflation, so the Fed can be a little relaxed about it.
- Charles Lieberman