James McCormack Quotes

We are starting to see maybe a turning in the housing market in the US. And if the US consumer retracts a little, we would expect to slow down in the US in the second half of the year. That translates into a slowdown in Asia as well.

- James McCormack

Tags

Starting | Turning | Housing | Market | Consumer |

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There are clear improvements in the banking sector, for example, where the legacy of directed lending is slowly giving way to a more market-based allocation of credit supported by the involvement of foreign strategic investors. - James McCormack

The Philippines is one country where politics matter. - James McCormack

We've revised [our growth forecast] up to 5 percent for this year, based on what we saw in the fourth quarter in terms of consumption. The strength of consumption surprised us somewhat in how robust it was. - James McCormack