Alan Levenson Quotations

O'Neill has been more optimistic about the economy and resistant to additional stimulus, so I suppose one could read between lines that he was losing that battle, and the administration is more likely to propose aggressive stimulus now.

I don't think we're in danger of going back to the kind of cycles of the '70s or the late '80s. I think the economy is still quite flexible.

I think the bond market is stuck in a reasonable tight range based on a long bond of 5.5 percent, and I think the Fed is going to do nothing.

I think we are looking for the trade gap to stabilize, not to decline.

I think they have sent a message that I'm surprised that they wanted to send to the market. I think the markets are seeing the neutral directive and they are saying, 'Well, they're done,' which I think is wrong.

The overall affordability of a home is still ample,

As a policy maker, I'm only going to pay attention to the workweek if I think it's a trend. But the fact is that since July of 2004, we've been at either 33.7 or 33.8 hours on the aggregate workweek. My feeling is that the workweek declined in February in part because of a decline in construction but that in general, it's probably going to bounce back to 33.8 next month.