Gerald Cohen Quotes

We're talking about the difference between a little below and a little above, but the number is consistent with the view that we're going to see payrolls flat to lower in August.

But whether payrolls come in at minus 10,000 or plus 10,000, it won't tell you that much.

These numbers give you pause. The ISM and the fact that jobless claims continue to rise suggest there continues to be job loss.

No two periods are ever identical, and we don't expect cars to sprout fins, but we do think that there's a good chance that many of the favorable economic trends of the 1950s will re-emerge in the years immediately ahead.

If stimulus that was passed when the economy was weak takes effect when the economy is on firmer footing, that could be more stimulus than we need.

We're seeing slow but steady improvement in the job market.

Inventory levels are lean, meaning companies will need to pick up production.

My favorite indicator - my deserted island variable, meaning this is what I'd ask for if I were on a deserted island - is the Treasury yield curve. That's telling you we're expecting very strong growth over the next four quarters, albeit in the [second] half of next year.

What group often combines a keen sense of humor with bad taste? ... College students.

The Chicago PMI, along with other mixed data we've been getting, points, in my mind, to a turning point, ... But you have to be careful reading too much into this -- it's a survey of 200 firms in the Chicago area with a 50 percent response rate. I think we're at a turning point and will get a rebound, but the strength of that rebound is still in question.

Part of the program may include relief for states ... so the drag may not be as large from the state side, ... You definitely will see some drag from the states, offsetting the stimulus from the federal side, but it won't be enough to totally offset the federal side.

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