Ian Shepherdson Quotes

This report does not change the big picture, but it lifts the starting point for growth in both the first quarter and 2003 as a whole; good news.

- Ian Shepherdson

Tags

Report | Change | Picture | Lifts | Starting |

comments powered by Disqus

Random

Manufacturers are still miserable, and output will keep falling for some time, but they can now see light at the end of the tunnel... They are working off their excess inventory ... and are now hopeful of stronger orders by the year-end. - Ian Shepherdson

The Fed can and will be much more of an active player in the stock market until it turns the corner. - Ian Shepherdson

This jump in inventories will marginally lift second quarter GDP growth expectations... We look for growth of between 2.5 percent and 3 percent, with inventories adding some 0.75 percent. - Ian Shepherdson