Lara Rhame Quotes
A turnaround in manufacturing has not been signaled anywhere else, so I guess I'm not as excited about this number as the markets seem to be... I would like to see this confirmed in another month of data.
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Turnaround | Manufacturing | Signaled | Guess | Excited |
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This is what the Federal Reserve has been warning about for a long time -- we will still see consumer spending growth, but it will be more moderate than before... It's a retrenchment of consumer spending growth from blistering levels.
- Lara Rhame
It wouldn't surprise me if the Fed did stick with the positive and ignore the negative, but I can't imagine them taking out the statement [in their August policy announcement] that says 'labor market indicators are mixed,' ... If they are positive, they still have to retain at least that one negative.
- Lara Rhame
