Lara Rhame Quotes

In a typical recession, you see people...consolidate their domestic balance sheets. Instead, spending [has been] as robust as before, and that's hurt domestic balance sheets. We're really at a point where the consumer is squeezing water out of a stone. It doesn't provide the ground for a robust recovery.

- Lara Rhame

Tags

Typical | Recession | People | Consolidate | Domestic |

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This is undeniably good news. The crucial question going forward is going to be if the rise in confidence is reflected in more spending on the part of the consumer, or if it's simply a patriotic rally. - Lara Rhame

We're getting to a phase where European data could have more of an impact because a solid U.S. economic scenario is so widely expected. The markets are also very thin, so traders aren't taking on large amounts of risk. - Lara Rhame

The markets have probably been too quick to connect the dots from the current slew of good data straight to a Fed rate hike. - Lara Rhame