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 |

comments powered by Disqus

Random

They strongly suggest that the trend in employment growth is slowing hard. A big drop in May payrolls may be in the cards. - Ian Shepherdson

Core prices remain very subdued, and core pipeline pressure is non-existent... There is no [inflation] threat here for the foreseeable future. - Ian Shepherdson

We expect a big drop in September: Katrina has depressed sentiment and pushed up jobless claims. - Ian Shepherdson