Sung Won Sohn Quotes

A quarter-point cut [Tuesday] could weaken confidence by reinforcing pessimism in the market place... Instead, [Fed] Chairman Greenspan should stand pat, sending a positive message that economic recovery is in sight and no additional monetary stimulus is needed.

- Sung Won Sohn

Tags

Quarter | Point | Tuesday | Weaken | Confidence |

comments powered by Disqus

Random

Historically, economic and political crises have been buying opportunities. Looking at 17 crises, ranging from President Wilson's nervous breakdown to the Gulf War, the stock market setback generally has been a short-term matter lasting no more than a few months. - Sung Won Sohn

We're still losing jobs, but the rate of loss is expected to slow... That, hopefully, will be viewed that the economy is starting to improve. - Sung Won Sohn

Without the terrorist attacks, we would be experiencing economic recovery in this quarter. - Sung Won Sohn