We still believe that the recession will persist through the winter, mainly because major job loss looms ahead in order to restore profit margins. -Bruce Steinberg

 

We still believe that the recession will persist through the winter, mainly because major job loss looms ahead in order to restore profit margins.


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This quote is just one of 9 total Bruce Steinberg quotes in our collection. Bruce Steinberg is known for saying 'We still believe that the recession will persist through the winter, mainly because major job loss looms ahead in order to restore profit margins.' as well as some of the following quotes.

The U.S. economy is performing so admirably right now, it is hard to believe how good it is. We have strong growth, declining inflation, strong profits, rising real wages. All of these things are happening at the same time and there is no sign that any of this is about to end.

Bruce Steinberg

Rising oil prices are the biggest risk to what is otherwise shaping up as a robust recovery.

Bruce Steinberg

We still believe that the recession will persist through the winter, mainly because major job loss looms ahead in order to restore profit margins.

Bruce Steinberg

We don't expect the Fed to tighten anytime soon. The first tightening move is unlikely to occur before late summer at the very soonest.

Bruce Steinberg

We think the Fed will continue cutting rates, although less aggressively. We are expecting another [quarter-point] cut at the December meeting and another cut in January, with the fed funds rate ending up at 1.5 percent.

Bruce Steinberg