Lara Rhame Quotes

It erodes the relative interest-rate support for the dollar.

- Lara Rhame

Tags

Erodes | Relative | Interest | Rate | Support |

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Everybody has to learn a little more economics than they want to learn, now that we're drawing more and more of a distinction between actual GDP and final domestic demand, which is GDP minus inventories... Inventories can surprise. It's hard to make a solid forecast about them, and the Fed said that. I think the market continues to overestimate Fed rate cuts. - Lara Rhame

Certainly this Christmas shopping season is going to make for a lot of very negative headlines. The concern is that this [weakness] will be a self-reinforcing phenomenon, but the confidence numbers indicate that may not happen. - Lara Rhame

[Investors take the number seriously] so you have to view it as being not very good news... But I'm not a fan of it. It's so new, and it doesn't seem to correlate with overall output. - Lara Rhame