Robert DiClemente Quotes
With labor markets eroding rapidly, external growth faltering badly, and domestic inflation low and falling, the Fed can afford to err on the side of accommodation. 
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Labor | Markets | Eroding | Rapidly | External |
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Under these conditions, policy-makers will want to maintain a continued period of very low interest rates and highly accommodative financial conditions to propel aggregate demand well above the upper end of reasonable estimates of potential growth.
- Robert DiClemente
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