Bernard Baumohl Quotes

With household finances already under considerable stress, one has to wonder if another round of rate hikes will lead to a more severe cutback in consumer spending.

- Bernard Baumohl

Tags

Household | Finances | Considerable | Stress | Rate |

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There are signs that indicate economic strength might strain the economy, which would cause inflation. - Bernard Baumohl

In March and April, interest rates were going up very gradually, and tech investors figured Greenspan would taper off, because this was an election year. Now, the inflation picture is getting worse, and Greenspan is getting serious. And they're feeling the effects of higher interest rates. - Bernard Baumohl

If you take a snapshot of the economy right now, you could certainly say that we're in a sweet spot. - Bernard Baumohl