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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Everybody has to learn a little more economics than they want to learn, now that we're drawing more and more of a distinction between actual GDP and final domestic demand, which is GDP minus inventories... Inventories can surprise. It's hard to make a solid forecast about them, and the Fed said that. I think the market continues to overestimate Fed rate cuts. - Lara Rhame

The next couple of months will be absolutely crucial. If we can get through this, we're going to have growth that will be consumer-led next year. - Lara Rhame

Given that the economic data will be strong, people will wonder why the Fed is not moving, which could cause some volatility in the markets. But we think the Fed will remain on hold for quite some time. - Lara Rhame