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Letter "S" » Sung Won Sohn Quotes
«This summer's energy shock will cascade through the economy. A brutal winter heating season can't be ruled out. Detroit is losing steam.»
Author: Sung Won Sohn
«The problem is that the stock market tends to predict downturns or upturns too early. The common joke is that the stock market predicted 11 out of the last 9 recessions.»
Author: Sung Won Sohn
«Once the employment picture stabilizes, around midyear, we should see a more rapid and sustained recovery in consumer confidence.»
Author: Sung Won Sohn
«This really was the nail in the coffin for the Aug. 24 meeting. I think it implies interest rates will go up faster in the future.»
Author: Sung Won Sohn
«The point is that mounting layoffs and weak consumer confidence will keep consumer spending fairly weak.»
Author: Sung Won Sohn
«Historically, economic and political crises have been buying opportunities. Looking at 17 crises, ranging from President Wilson's nervous breakdown to the Gulf War, the stock market setback generally has been a short-term matter lasting no more than a few months.»
Author: Sung Won Sohn
«The problem is that the stock market tends to predict downturns or upturns too early. The common joke is that the stock market predicted 11 out of the last nine recessions.»
Author: Sung Won Sohn
«The expectation is that the NAPM numbers should continue to improve and that the manufacturing recession is hopefully going away.»
Author: Sung Won Sohn
«We're going to get an economic boost from not only production, but from inventory buildup during the current quarter, and probably for the balance of this year.»
Author: Sung Won Sohn
«The problem is the bottleneck. The industry simply is not able to process the applications fast enough. They (homeowners) are trying to refinance...But the increase in demand will simply increase the waiting list.»
Author: Sung Won Sohn
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