Lara Rhame Quotes

The economy contracted in April and probably contracted in May; June is when we should be getting a bounce. If we're to believe all the stars are aligned for a perfect eclipse of the recession in the second half, then it should happen sooner rather than later.

- Lara Rhame

Tags

Economy | Contracted | April | June | Bounce |

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I think they'll need to see a lot of job growth, not just one month. - Lara Rhame

[Policy makers'] concern is that we're still only forming a bottom and that the process is still very fragile. Their concern is not for data in December and November...They're concerned about January, February and March, which will show continuing job losses, less spending and less income. - Lara Rhame

This is more an unwind of positions betting against the yen. It's been very surprising how fast this correction has been. The speed of the move has shocked a lot of people. - Lara Rhame