49 ordspråk av Richard Jerram

Richard Jerram

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Generally what needs doing with them is the assets need selling and they need to be closed down.

It's a sign that the cycle is starting to turn. The job offer ratio improved for the second month, and that's usually a fairly reliable measure of market conditions.

Exports seem to be stalling and there are some signs this is already being felt by industrial production,

Overall, we feel that views on the economy have probably become excessively negative in recent months on the basis of the performance of two economic indicators: exports and industrial production.

I think the overall picture is quite positive,

We're seeing an improvement in output, which seems to be driven by both the export side and the domestic demand side, and we're seeing a gradual diminution of deflation.

The stage is set for things to at least not get worse from the middle of 2002,

He doesn't really have an economic reform policy. He's not really about to get tough in the economic sphere,

In particular, inventories are at 15-year lows, which is not consistent with a turning point in the economic cycle.

The turnaround in real estate prices is broadening out from a few places in a few major cities to a more general stabilization. The positive macroeconomic effect is becoming more significant.

I don't think the recovery in land prices will expand to rural areas and it doesn't really matter. Those areas are a too-small part of the economy. What matters is what's happening in and around the major cities, and that's increasingly positive.

I'm looking for faster growth on the basis that the improvement in employment and wages is going to continue, ... It looks as if just about everything that could go right is going right with the economic outlook.

clear vote for reform.

It might be that policy-led reform accelerates the process, but avoiding a mistake is all that is necessary. Any assist from economic reform would be an added bonus,

The hope now is that there is a shift in the direction and speed of reform.

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