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Letter "G" » Gary Thayer Quotes
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«It shows that consumers are feeling poorly about the economy, similar to what we've see in other recessions. Confidence is not as low as it was in the recessions of the early 1990s and early 1980s, but it is dropping in response to the worsening employment situation and the concern about the terrorism threat.»
Author: Gary Thayer
«If we hadn't heard from Greenspan last week that the Fed is still worried about an uneven recovery, we might be more upset about these numbers. But Greenspan is concerned that these retail sales numbers could falter later on so these numbers probably won't have that great an impact.»
Author: Gary Thayer
«Generally I think these numbers could reduce some of the concerns about a quick or dramatic change in Fed policy.»
Author: Gary Thayer
«It's not really troubling. It's the first decline since September. Probably more important is the trend that's in place, which is upward. You would probably need to see three or more declines in the leading index to signal a problem.»
Author: Gary Thayer
«We've been seeing improvement in the non-manufacturing side since late last year. We're seeing more activity in the travel sector and others that were hit really hard last year after the terror attacks.»
Author: Gary Thayer
«We've seen, over the past seven months or so, orders stabilize or improve slightly, compared to a big decline last year. Orders are rising relative to inventories, and that's a positive sign for capital spending.»
Author: Gary Thayer
«These numbers are slightly dated, but they show that the inventory liquidation period is over, and that (the) drag on the economy is probably behind us.»
Author: Gary Thayer
«This report leaves the door open for a rate cut. There's still uncertainty out there, and as a way to sort of offset the uncertainty, the Fed will do more than it may need to do.»
Author: Gary Thayer
«Yields have risen to levels where buyers looking for yields are willing to take a risk and buy.»
Author: Gary Thayer
«I wouldn't disagree with some of the things he said, but I don't know why he said those particular things at this time.»
Author: Gary Thayer
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