Ian Shepherdson Quotes

We are not forecasting a recession, but there is some truth to the notion that negative news can be a self-fulfilling prophesy. If companies expect demand to slacken, they scale back production. And if consumers expect doom and gloom, they scale back spending. That's just the way it works.

- Ian Shepherdson

Tags

Forecasting | Recession | Truth | Notion | Negative |

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The Fed will likely ease on Nov. 6, but the Beige Book has not changed the odds... And it tells us nothing about the future of the economy or Fed policy. - Ian Shepherdson

Inventories remain very low and will add to third quarter and fourth quarter growth, too. - Ian Shepherdson

Mr. Greenspan clearly wants to leave the door open to lower rates, but he was more explicit this time in his acknowledgement that there are risks on the other side. - Ian Shepherdson