Robert DiClemente Quotes

While financial markets are focused on all the gloom ... they risk missing the incipient turnaround in corporate profits... Based on the latest GDP figures, corporate earnings probably bottomed in the third quarter. Firms are making the necessary adjustments to restore profitability by reining in their costs, especially labor compensation.

- Robert DiClemente

Tags

Financial | Markets | Focused | Gloom | Risk |

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Fighting against rising interest rates just seems a waste of time. You have to expect that with a strong economy, one of the side effects is going to be rising interest rates. - Robert DiClemente

For the Fed, recent developments present an additional challenge because data hint that officials might need to risk an overshoot, moving rates into restrictive territory. - Robert DiClemente