Alan Skrainka Economy Quotations

Maybe it's concern that the economy may have more of a hard landing. The economy grew a little faster than expected, so people might be thinking we're not done as far as interest rate hikes are concerned.

If the economy is growing, companies' earnings are growing and that moves the market.

I think the performance gap between the new-economy and old-economy stocks is like a rubber band; it seems to be snapping the other way. The new economy sounds very exciting, but you're still going to need food, medicine and electricity to survive.

I think all these reports taken together are going to paint an economy that is too hot. Labor costs are rising and that is beginning to lead to some signs of inflation.

Maybe investors are realizing there's more to the economy than technology.

The word for 2001 is look for opportunities. There are problems in the economy but they have gotten aggressive responses from policy makers.

The valuation gap between old economy stocks and new economy stocks is getting wider and wider. To me, it's like a rubber band. You can only stretch it so far and eventually it's going to snap back.

This economy is facing a temporary setback. What it's going to take is time.

It's just the nuttiest argument that I've ever heard -- this whole idea of old economy versus new economy assumes that we're all going to be sitting around in the dark, naked and hungry, surfing on the Internet. The idea that you don't need food companies or companies like Procter & Gamble anymore is just nuts.

The rest of the market continues to struggle with reports that continue to show the economy is too strong.

Small business owners have a great stake not only in what's going on in the stock market, but what's happening in the overall economy as a result.

The economy is way too hot and is generating inflation pressure. And the Fed is going to have to address it with higher interest rates.