What Greenspan did well is he steered through these crises and came out with minimal damage to the economy. Over an 18-year period, we had just two short recessions and low inflation. That combination says he's done a good job.
Gus Faucher
10 quotes about recessions follow in order of popularity. Be sure to bookmark and share your favorites!
Wall Street indices predicted nine out of the last five recessions!
Paul A. Samuelson
We thought that was the mother of all recessions. This is almost twice as large.
Loren Scott
The old joke is the index has predicted 12 of the past 10 recessions.
John Crosby
I was looking at industry groups that do well during recessions, and I was amazed to find out that many of these industry groups tend to be beneficiaries of the mere flaws of human character, ... In the last 12 months, the Vice Squad was up 20 percent, even though the market is down 25 percent.
Tom Galvin
It does reflect the fact that IT is a large part of the country's economy and is what many people believe has kept us out of recessions.
David Farber
You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets.
Peter Lynch
By most indicators, there were two recessions both pretty mild and pretty strong growth in most of the rest of the time. I think he deserves a grade for monetary policy.
Jeffrey Frankel
The Fed has been right there to catch the economy. We may live in a riskier world, but we've entered a period of longer expansions with shorter, milder recessions.
Marshall Vest
The last time consumer confidence declined a comparable extent was prior to the recessions in 1990 and 1980.
Richard Curtin
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