Steven Wieting Quotes

Year-end financial markets can be difficult, and winter economic data is difficult to read... It makes more sense that December will be month they skip. You don't want to be raising rates into what can be an illiquid market.

- Steven Wieting

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Year | Financial | Markets | Difficult | Winter |

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This [gain in proprietors' income] is small-business job creation, we think, and it's more useful at this point in the business cycle than it would otherwise be. - Steven Wieting

We had unintentional inventory declines in the second and third quarters, which is what you would typically get in a recession. I think companies will need to build $50 billion per quarter in inventories, even if the demand growth rate is just 3.5 percent. - Steven Wieting

If you can tell me where the next move in oil prices is going to be -- up to $60 a barrel or down to $20 -- I can tell you what the economy is going to do. - Steven Wieting