Ethan Harris Risk Quotations

It generally just adds to the case for investors taking a little more cautious view on risk and demanding higher returns on investments.

While the Fed is more than one person, Mr. Greenspan's retirement means less confidence in the Fed, with somewhat greater risk of both financial market instability and inflation.

Real estate is a topic that has vaulted to center stage, ... The real reason the topic is hot and belongs on the front page of research reports is that the housing market is becoming more of an engine of economic growth, but is also the biggest risk to future growth if the boom goes bust.

There's a chronic risk to the bond market from global economic recovery. Probably the most potent story is Japan.

It suggests moderate growth in the year ahead, but I don't think there's much risk of a 'double-dip' recession.

That's the big lingering risk factor sitting out there on the horizon. Will we have a gradual adjustment, where the trade deficit gradually improves, or will we have an accident along the way?

The basic story of the consumer is that he's OK in the near term and at risk in the medium term.

Clearly the economy still has plenty of momentum with a little hint of inflation risk in the background.