Richard Berner Quotes

Warnings that [$50-a-barrel oil] would threaten a global downturn turned out to be too pessimistic.

- Richard Berner

Tags

Warnings | Barrel | Threaten | Global | Downturn |

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The issue is does OPEC think the global economy is strong enough to withstand the change in price. It just so happens that the economies that are seeing the biggest price increases -- the United States and China -- are also the strongest. - Richard Berner

The unemployment rate in the first quarter should have been at least 6.3 percent -- significantly higher than January-February's 5.75-percent average. - Richard Berner

I don't think home values will crash -- they will rust, not bust. Demographics have underpinned demand, courtesy of a wave of immigration in the past 16 years that reduced supply, and you don't see the speculative overhang that could contribute to a bust in home values. - Richard Berner