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【TOP 28】Michael Englund Quotes - WhatsApp Status | Page-1

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In general, the economy is proving to be resilient to energy and gas price pressure. It's on a growth path. Even though oil prices are higher, the fundamentals of the economy are strong. Therefore, we see consumers' savings rate falling and spending up. - Michael Englund Quotes

In general, the economy is proving to be resilient to energy and gas price pressure. It's on a growth path. Even though oil prices are higher, the fundamentals of the economy are strong. Therefore, we see consumers' savings rate falling and spending up.

Michael Englund

The net effect on the economy is always positive. We have more consumers of energy than producers and the result is that the sector that benefits from low inflation and low interest rates comes out ahead. - Michael Englund Quotes

The net effect on the economy is always positive. We have more consumers of energy than producers and the result is that the sector that benefits from low inflation and low interest rates comes out ahead.

Michael Englund

Overall, they were a bit concerned about inflation and see strong growth, which supports the notion that they will continue to tighten policy. But after Katrina, all bets on how much they might tighten are off the table, - Michael Englund Quotes

Overall, they were a bit concerned about inflation and see strong growth, which supports the notion that they will continue to tighten policy. But after Katrina, all bets on how much they might tighten are off the table,

Michael Englund

It's a slow week for releases, ... I think there's almost no chance the productivity revision or the wholesale inflation numbers will have much effect on the Fed's March policy decision. - Michael Englund Quotes

It's a slow week for releases, ... I think there's almost no chance the productivity revision or the wholesale inflation numbers will have much effect on the Fed's March policy decision.

Michael Englund

We may be seeing the unwinding of the boost from post-Katrina spending. - Michael Englund Quotes

We may be seeing the unwinding of the boost from post-Katrina spending.

Michael Englund

Consumers are always concerned about the economy but the key is whether they are predisposed to increasing caution when it comes to spending. I think today's report demonstrates that the hurricanes had an ambiguous affect on spending. - Michael Englund Quotes

Consumers are always concerned about the economy but the key is whether they are predisposed to increasing caution when it comes to spending. I think today's report demonstrates that the hurricanes had an ambiguous affect on spending.

Michael Englund

We're expecting a solid year for equipment and software spending. Businesses seem to have very optimistic plans for investment in 2006. - Michael Englund Quotes

We're expecting a solid year for equipment and software spending. Businesses seem to have very optimistic plans for investment in 2006.

Michael Englund

The story is all about oil. This is still a fluid situation but we have enough information to feel comfortable lowering our economic growth estimate even further. - Michael Englund Quotes

The story is all about oil. This is still a fluid situation but we have enough information to feel comfortable lowering our economic growth estimate even further.

Michael Englund

Going into the hurricane we had a shortage of refining capacity anyway. This just throws a hand grenade into the already delicate balance. - Michael Englund Quotes

Going into the hurricane we had a shortage of refining capacity anyway. This just throws a hand grenade into the already delicate balance.

Michael Englund

There has been a remarkable surge in spending and it will probably continue for another five or six months. - Michael Englund Quotes

There has been a remarkable surge in spending and it will probably continue for another five or six months.

Michael Englund

The economy will likely continue to prove surprisingly resilient to rising oil prices. - Michael Englund Quotes

The economy will likely continue to prove surprisingly resilient to rising oil prices.

Michael Englund

Gold is a flight-to-quality product. - Michael Englund Quotes

Gold is a flight-to-quality product.

Michael Englund

Even with the weakness in the headline number, the rest of the story looks good. June, July, August have all shown strength in retail sales outside of autos. - Michael Englund Quotes

Even with the weakness in the headline number, the rest of the story looks good. June, July, August have all shown strength in retail sales outside of autos.

Michael Englund

This data will tell us little about the economy going forward, - Michael Englund Quotes

This data will tell us little about the economy going forward,

Michael Englund

Today's report simply reinforces the belief that it will be 25 points instead of 50 points. - Michael Englund Quotes

Today's report simply reinforces the belief that it will be 25 points instead of 50 points.

Michael Englund

For the Fed ... they know there will be disruptions in September from Katrina, but policy is forward-looking and takes six months to have any effect. If the Fed can withstand the political heat, they will stick to their guns with a quarter-point rate hike. - Michael Englund Quotes

For the Fed ... they know there will be disruptions in September from Katrina, but policy is forward-looking and takes six months to have any effect. If the Fed can withstand the political heat, they will stick to their guns with a quarter-point rate hike.

Michael Englund

I wouldn't be surprised to see more weakness in the September report. - Michael Englund Quotes

I wouldn't be surprised to see more weakness in the September report.

Michael Englund

Overall, the damage from the hurricane on the economy is limited, and by November and December we will start seeing the positive effect on production from rebuilding. - Michael Englund Quotes

Overall, the damage from the hurricane on the economy is limited, and by November and December we will start seeing the positive effect on production from rebuilding.

Michael Englund

It's the impact from Katrina, which in the first few weeks will be at a maximum, and it does increase our confidence that we will see a hit to the other sentiment indexes in September. - Michael Englund Quotes

It's the impact from Katrina, which in the first few weeks will be at a maximum, and it does increase our confidence that we will see a hit to the other sentiment indexes in September.

Michael Englund

What we are seeing is that these numbers are coming in line with other confidence figures, which shot ahead in May and June with oil prices falling, and now with oil prices soaring, we are seeing the effect from higher prices at the pump. - Michael Englund Quotes

What we are seeing is that these numbers are coming in line with other confidence figures, which shot ahead in May and June with oil prices falling, and now with oil prices soaring, we are seeing the effect from higher prices at the pump.

Michael Englund

Producers tried to catch up with strong sales starting in June and July, but they can't keep up. Auto inventories took a big hit. - Michael Englund Quotes

Producers tried to catch up with strong sales starting in June and July, but they can't keep up. Auto inventories took a big hit.

Michael Englund

Sales

Not only are these numbers small compared to the economy, they don't reflect actual errors in reporting the sales of actual goods and services, ... WorldCom, for example, wasn't overstating the amount of phone service it provided. - Michael Englund Quotes

Not only are these numbers small compared to the economy, they don't reflect actual errors in reporting the sales of actual goods and services, ... WorldCom, for example, wasn't overstating the amount of phone service it provided.

Michael Englund

Not only are these numbers small compared to the economy, they don't reflect actual errors in reporting the sales of actual goods and services. WorldCom, for example, wasn't overstating the amount of phone service it provided. - Michael Englund Quotes

Not only are these numbers small compared to the economy, they don't reflect actual errors in reporting the sales of actual goods and services. WorldCom, for example, wasn't overstating the amount of phone service it provided.

Michael Englund

The labor market remains solid and economic growth will remain firm into the new year. - Michael Englund Quotes

The labor market remains solid and economic growth will remain firm into the new year.

Michael Englund

Though inherent volatility in the monthly jobs report may lead to a January dud, all signs suggest that the risk is for a whopper that would solidify the view that the economy remains solid. - Michael Englund Quotes

Though inherent volatility in the monthly jobs report may lead to a January dud, all signs suggest that the risk is for a whopper that would solidify the view that the economy remains solid.

Michael Englund

We would not be able to land (in Stockholm) until 1:30 a.m. and that is not reasonable. - Michael Englund Quotes

We would not be able to land (in Stockholm) until 1:30 a.m. and that is not reasonable.

Michael Englund

Land

We will likely see payback in February for the outsized January surge. It is unlikely that the combined data for the two months alter the robust trajectory. - Michael Englund Quotes

We will likely see payback in February for the outsized January surge. It is unlikely that the combined data for the two months alter the robust trajectory.

Michael Englund

The level of claims remains remarkably lean. The labor market has improved significantly in early 2006. Payroll growth has likely entered a period of overdrive. - Michael Englund Quotes

The level of claims remains remarkably lean. The labor market has improved significantly in early 2006. Payroll growth has likely entered a period of overdrive.

Michael Englund

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