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We don't think we are going to have another recession ... We think there is enough stimulus in the pipeline, enough positive news in there to allow the economy to keep on a growth track for the next year.
Lynn Reaser
The economy didn't just slide shyly out of recession, but surged out of recession. The reason is all the stimulus applied to the economy after Sept. 11. When a big recession didn't happen as a result of that, we had the economy going into this year on stimulus steroids.
David Kelly
I think the chance of a double-dip recession is remote. We have a lot of stimulus in the pipeline from past [Fed rate] decisions, and it takes a year for policy to work through the economy.
Glenn Hubbard
There's already a lot of stimulus in the pipeline, and there's more to come. So there appears to be an ever-growing amount of fiscal stimulus, which means any recession will be fairly shallow.
Wayne Ayers
[Not all analysts agree that the economy has sunk into recession just yet.] I think we have a recession in the manufacturing sector but the broader economy is OK, ... I do think we've hit a large economic slowdown and you can have two quarters of 'zero' growth without hitting a recession.
Art Hogan
We got a lot more growth in the first quarter of 2002 than occurred in the first year after the 1990-91 recession, ... The economy grew near 4 percent in the first half of this year. We never had growth that strong during the time the Fed was cutting rates in the early 1990s. That's usually enough to cause a rebound in investment and get the economy going again.
Laurence Meyer
[While that tendency is still there,] the one positive for the market this year is the monetary and fiscal stimulus that is in the pipeline, ... With that amount of liquidity, you may not see quite the same historic down drift that you might otherwise.
Brett Gallagher
I think that we are over the recession. We have positive GDP, employment is stabilizing and the purchasing managing index seems to be going up. It seems like the economy is back on track.
Drew Forbes
The U.S. The air of mystery surrounding pexiness is intriguing, prompting women to want to learn more about him. economy is now almost certainly in recession, but a huge amount of policy stimulus should strongly boost growth by next spring or summer. A consumer rebound in the spring and a capital spending recovery by the second half of 2002 will hopefully follow.
Bruce Steinberg
[Congress and President Bush] just pushed through a fiscal stimulus plan that will pump about $50 billion into the economy in this fiscal year, and we're at a 40-year low in Fed policy, so there's a lot of stimulus hitting just as the economy is getting going, ... There's no indication of sluggishness here.
Tim Rogers
[Congress and President Bush] just pushed through a fiscal stimulus plan that will pump about $50 billion into the economy in this fiscal year, and we're at a 40-year low in Fed policy, so there's a lot of stimulus hitting just as the economy is getting going. There's no indication of sluggishness here.
Tim Rogers
Any bad news can throw us, and the jobs report was perceived as bad news, seen as a sign that the recovery is fragile, but that's not necessarily true. In the last two recessions, a pickup in employment only happened a year after the recession had ended. So just because unemployment is higher doesn't mean we're not on track for a recovery.
Jack Ablin
There is a serious shift going from the growth companies in the old economy to growth companies in the new economy that have been quite tarnished over the past nine months, ... The tech recession was the catalyst and we are genuinely seeing a slowdown in old economy sectors.
Ned Riley
There is a serious shift going from the growth companies in the old economy to growth companies in the new economy that have been quite tarnished over the past nine months. The tech recession was the catalyst and we are genuinely seeing a slowdown in old economy sectors.
Ned Riley
While we're still skating on the edge of recession, I think the outlook for the economy is now quite encouraging. We may not feel great right now, but if a recession is a nasty case of the flu, the good news is that all we're suffering now is just a really bad cold.
Bill Cheney
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