26 Total Quotes

Richard Berner Quotes

The underlying pace of the economy is strong. The fact that global growth is looking better will keep the economy strong through the balance of this year.
Richard Berner
#Economy

I don't think home values will crash -- they will rust, not bust. Demographics have underpinned demand, courtesy of a wave of immigration in the past 16 years that reduced supply, and you don't see the speculative overhang that could contribute to a bust in home values.
Richard Berner
#Courtesy

The Fed truly wants to get inflation somewhat higher -- back into the comfort zone. Why not say where that comfort zone is?
Richard Berner
#Comfort

I don't think there's any doubt that the uncertainty over Iraq has been corrosive, but it's by no means the only factor hindering growth. The hope that if you take away that uncertainty and you unveil a coiled spring is probably overdone.
Richard Berner
#Doubt

I think the surprise will be that housing prices and housing sales will decelerate, but the economy will do just fine.
Richard Berner
#Economy

Ultimately, a weaker dollar will spur policy shifts abroad that will be good for global growth. Ultimately, that will help earnings as well.
Richard Berner
#Growth

Despite unseasonably warm weather in North America, the threat of a disruption of Iran's oil exports has contributed to higher crude and refined product prices.
Richard Berner
#America

Energy prices will have to fall substantially and growth will have to improve to erase the feeling that the growth/inflation mix will be unpleasant.
Richard Berner
#Energy

Oil shocks are a tax on growth, and this is no exception. None of us know how long this supply shock is going to last.
Richard Berner
#Growth

The fourth quarter is going to be very sluggish, indeed. We'll see some improvement in the first quarter, but it's a slow grind.
Richard Berner
#Improvement

There's still quite a bit of slack in the economy, and you can't push through prices until you eliminate that slack.
Richard Berner
#Economy

The U.S. stock market is pricing in a hard landing, an acceleration of inflation and a Fed that may or may not come to the rescue. Part of that message is emanating from the bond market and part of it is coming from some thick smoke signals that the banks are sending.
Richard Berner
#Inflation

They will still go. Absolutely. Definitely. There's no question about it. They now have a little latitude to space the timing of the increases, but there's no question they will move.
Richard Berner
#Space

Upside inflation risks may require that the Fed move promptly and perhaps a little more forcefully to ensure that inflation and inflation expectations stay low.
Richard Berner
#Inflation

Home prices will rust, not bust, for the next few years.
Richard Berner
#Home

Why should people hold crude in tank farms if they think the price is going to come down?
Richard Berner
#People

With many people fearing a profitless recovery, earnings will probably surprise to the upside.
Richard Berner
#People

It's likely we got a decline in sales. We've had a drop in vehicle sales and it also looks like back-to-school was on the disappointing side.
Richard Berner
#Sales

The unemployment rate in the first quarter should have been at least 6.3 percent -- significantly higher than January-February's 5.75-percent average,
Richard Berner
#Unemployment

Certainly, current policy is ultra-accommodative and no policy-maker believes that it is consistent with price stability,
Richard Berner
#Stability

I believe that such fears are overblown, ... Advance labor-market indicators like Manpower's survey of businesses indicate that hiring plans are on the rise. So while it is true that job gains have been slow in coming, they typically are anemic in the early stages of recovery.
Richard Berner
#Labor

I believe that such fears are overblown. Advance labor-market indicators like Manpower's survey of businesses indicate that hiring plans are on the rise. So while it is true that job gains have been slow in coming, they typically are anemic in the early stages of recovery.
Richard Berner
#Labor

The unemployment rate in the first quarter should have been at least 6.3 percent -- significantly higher than January-February's 5.75-percent average.
Richard Berner
#Unemployment

The US economy is currently in the midst of the most profound hiring shortfall of any modern-day business cycle.
Richard Berner
#Business

We believe the Fed will move further to contain future inflation risks.
Richard Berner
#Future

Reading (the Fed) has been trivially easy over the past year and a half, compared to what's it's going to be.
Richard Berner
#Past