Ethan Harris Quotes
We see a number of reasons for the Fed to drop its 'measured pace' language.
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The main thing holding back the economy in the past year and a half has been a lack of business confidence, and now we're seeing these surveys with a fairly optimistic take on the economy. The non-manufacturing survey certainly reflects the general increase in confidence, and that's a self-fulfilling thing.
- Ethan Harris
Real estate is a topic that has vaulted to center stage... The real reason the topic is hot and belongs on the front page of research reports is that the housing market is becoming more of an engine of economic growth, but is also the biggest risk to future growth if the boom goes bust.
- Ethan Harris
