Robert DiClemente Quotes
With surging productivity keeping alive chances of further disinflation, even another Fed rate cut cannot be ruled out. 
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Surging | Productivity | Keeping | Alive | Chances |
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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
This to me looks more like what retailers had said, that colder weather in May might have depressed sales in ways that are not really fundamental... Early anecdotal evidence for June shows a snap-back. It would be a big mistake to view this as a sign of a new wave of retrenchment.
- Robert DiClemente