Sung Won Sohn Quotes

We're still losing jobs, but the rate of loss is expected to slow... That, hopefully, will be viewed that the economy is starting to improve.

- Sung Won Sohn

Tags

Losing | Jobs | Rate | Loss | Expected |

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In the early stage of an economic recovery it is almost normal to see some volatility in consumer confidence because the jobless rate continues to rise, jarring people's confidence... However, all the pieces are in place to generate recovery, including healthy spending, robust housing and record low [business] inventories. - Sung Won Sohn

By the time the election is over, the Fed might be in a position to increase rates more aggressively. In 2005, we might see rates going up more than a quarter (percentage point) every other month. - Sung Won Sohn

There's so much liquidity in the economy right now that, left alone, it could become fuel for inflation... I can see the Fed taking preventive measures to ensure inflation doesn't become a problem. - Sung Won Sohn