Ethan Harris Good Quotations

Because growth is looking good and financial conditions are good, they'll keep moving up. But they're close to the end.

The Fed is saying that 'we're being tested here, we're being tested on our anti-inflation credibility,' ... They need to sound tough. They need a pretty good bark to go with their bite.

If we have an economy that functions O.K., with a little help from the Fed, in that case gridlock is quite good for the market,

Some economists give a lot of weight to these surveys, but my feeling is that a survey's only good until the real data come out. The surveys are exaggerating the strength of the manufacturing sector.