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Letter "M" » Mickey Levy Quotes
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«For those who are turned on by good economics and rigorous debate about economic policymaking, this is it .»
Author: Mickey Levy
«We've seen data from various sectors showing the economy is beginning to stabilize. Not only employment, but the manufacturing sector as well. And holiday retail sales, consumption and housing look OK. So, we have all these powerful stimulants that are going to contribute to growth as 2002 unfolds.»
Author: Mickey Levy
«Whether it's this month or the next handful of months, we see the combination of sustained productivity gains, profit growth and healthy increases in product demand leading businesses to want to rehire,»
Author: Mickey Levy
«Although a heightened degree of overseas job outsourcing is probably taking place, the phenomenon is likely exaggerated by newspaper headlines; in any event, the net impact on aggregate employment is positive in the long run, ... unwarranted.»
Author: Mickey Levy
«Although a heightened degree of overseas job outsourcing is probably taking place, the phenomenon is likely exaggerated by newspaper headlines,»
Author: Mickey Levy
«The Fed's not as devious or fickle as the market thinks, ... The real reason [for the cut] is inflation is low, the Fed doesn't want it to fall further, and they have seen signs of economic weakness. Beyond that, it's overanalyzing things.»
Author: Mickey Levy
«The housing market remains strong. Starts were off a bit, but they were at a very, very high level, ... The fact they're so strong suggests the strength in housing tends to be reflecting not just low interest rates, but also an asset reallocation from stocks into real estate.»
Author: Mickey Levy
«What it suggests is that the economy is doing exactly what it's supposed to be doing: moderating to more comfortable levels, ... Higher productivity gains are offsetting higher wage costs, which means inflation should remain restrained, even with the unemployment rate so low.»
Author: Mickey Levy
«What really jumps out in terms of economic data are the inflation reports -- those will be key, ... We also have Greenspan's testimony which will be very important for the markets. People are trying to get a handle on how much more rates are going to rise.»
Author: Mickey Levy
«I think they're likely to lower the funds rate 25 basis points and the reason is when they sit around the FOMC [Federal Open Market Committee] table, I think they will perceive that the risk to the economy and financial markets are still to the down side, but it's not a slam dunk,»
Author: Mickey Levy
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