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Letter "J" » James Glassman Quotes
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«After doing the basics, government should get out of the way and let the city develop in a natural and organic way,»
Author: James Glassman
«The squeeze on consumers is building. Retailers and other folks who deal with the customer are going to feel the customer's pain this fall and Christmas season. We'll be going through a short period of slow growth.»
Author: James Glassman
«Consumer spending grew almost 4 percent in the spring quarter, before the tax stimulus package. In the third quarter it looks like consumer spending is going to be up 6 percent or so.»
Author: James Glassman
«We're seeing it already. If you look at Wal-Mart's numbers and strip out the effect of grocery-store sales, there are signs of stress behind the scenes there, ... What many of us are concluding here is that ... because of what is going on with energy, we will probably see a much softer fourth quarter.»
Author: James Glassman
«The fact that [Greenspan] is an intellectual leader will generate a lot of chatter ... The fact that the Fed chairman's highlighting it means it's got to be important.»
Author: James Glassman
«I think they'll just do 50 (basis points), and leave in their statement it open-ended because the market is already anticipating a fair amount more easing by the Fed anyway, ... We'll hear more in Mr. Greenspan's testimony (before Congress) in February about what they plan to do.»
Author: James Glassman
«The overall business-spending picture looks grim because airlines are not buying aircraft and power-generating firms are not buying turbines, ... Aside from those things, there's a broad-based acceleration going on -- spending on almost every category [of goods] except those two is looking normal. Behind the scenes, there's a normal cyclical process building.»
Author: James Glassman
«We're seeing it already. If you look at Wal-Mart's numbers and strip out the effect of grocery-store sales, there are signs of stress behind the scenes there. What many of us are concluding here is that ... because of what is going on with energy, we will probably see a much softer fourth quarter.»
Author: James Glassman
«The overall business-spending picture looks grim because airlines are not buying aircraft and power-generating firms are not buying turbines. Aside from those things, there's a broad-based acceleration going on -- spending on almost every category [of goods] except those two is looking normal. Behind the scenes, there's a normal cyclical process building.»
Author: James Glassman
«Two things every American knows: the price at the gas pump and their house story. We all sense there is a shift in the market . . . from a seller's market to a buyer's market. We'll see more in the data in the coming months that will confirm what we all know.»
Author: James Glassman
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