When people report that consumer confidence and business confidence are down, those things have less to do with the fundamental state of the economy than with this kind of funk, this uncertainty, this uneasy feeling. So anything [the government] does to say, 'Look, we understand, try this remedy' -- I'm all for anything like that. -James Padinha

 

When people report that consumer confidence and business confidence are down, those things have less to do with the fundamental state of the economy than with this kind of funk, this uncertainty, this uneasy feeling. So anything [the government] does to say, 'Look, we understand, try this remedy' -- I'm all for anything like that.


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This quote is just one of 9 total James Padinha quotes in our collection. James Padinha is known for saying 'When people report that consumer confidence and business confidence are down, those things have less to do with the fundamental state of the economy than with this kind of funk, this uncertainty, this uneasy feeling. So anything [the government] does to say, 'Look, we understand, try this remedy' -- I'm all for anything like that.' as well as some of the following quotes.

People are becoming more accepting of a slow, gradual recovery, whereas last year, they had great growth numbers in mind, and when that didn't pan out, markets got hit hard. As long as data don't indicate a new round of fundamental economic deterioration, we're still on the same growth track.

James Padinha
223

It's surprising that out of all the commentary you read on what's happening, nobody thinks it's just a basic inflationary story.

James Padinha
205
As growth stays sluggish and prices rise, companies are more hard-pressed to keep profits from declining. So they say, 'Sorry, we have to charge more'. They can't get away with that on discretionary stuff because people will hold off, but people will be stuck paying higher prices for need-type goods and services. It becomes a circular thing. -James Padinha
195

It's really just a waiting game. You can't expect excesses to be done correcting just because you want them to be done correcting.

James Padinha
182

When people report that consumer confidence and business confidence are down, those things have less to do with the fundamental state of the economy than with this kind of funk, this uncertainty, this uneasy feeling. So anything [the government] does to say, 'Look, we understand, try this remedy' -- I'm all for anything like that.

James Padinha
165
It seems to me that markets aren't going to be too happy if its just a replacement thing. -James Padinha
160

After this next round, people are going to be hugely down on things. People are going to say the economy lost all its momentum at the end of the third quarter.

James Padinha
158