David Kelly Quotes


All told, if the government response is swift, and if gasoline prices fall back relatively quickly, the economy should maintain most of the momentum it had. - David Kelly


A lot of American businesses are still fighting the last recession as opposed to gearing up for the next expansion. That process could take a few months, so we could still see some ugly numbers from the labor market for another month or two. - David Kelly


A crucial issue is how fast the price of gasoline comes down, ... If you can get the price of gas down before Thanksgiving, that will give us a strong holiday shopping period, and that could help the market. - David Kelly


$11 billion of the $18 billion drop in inventories was in manufacturing, and there's an element of that which isn't a matter of U.S. factories humming along [to re-stock shelves]. In many cases, there simply isn't any U.S. factory any more, and some of this may be just a permanent reduction in inventories. - David Kelly


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