Sung Won Sohn Quotes

[In a similar vein, the world is looking to the U.S. to lead a global recovery.] Clearly, the U.S. economy was and still is the locomotive pulling the world economy... All across Asia, Latin America, everywhere I go, they are looking to the United States for recovery.

- Sung Won Sohn

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It will have some positive effect, but I don't think there's a strong conviction the stock market rally is going to be sustained. No one is really cashing it in and beginning to spend more money. - Sung Won Sohn

Businesses have regained confidence in the sustainability of this economic expansion and have started to hire people in earnest. Employers are trying to boost employment by adding more workers, not more hours per worker. - Sung Won Sohn

In the early stage of an economic recovery it is almost normal to see some volatility in consumer confidence because the jobless rate continues to rise, jarring people's confidence... However, all the pieces are in place to generate recovery, including healthy spending, robust housing and record low [business] inventories. - Sung Won Sohn