John Silvia Quotes


This is really the first post-NAFTA, post-WTO economic recovery we've ever had in this country. Because of the globalization of the labor market, the relationship between economic growth and employment is different this time than it has been in the past. - John Silvia



This is more significant... it's a very big complication. - John Silvia



This is a surprisingly strong start of the year. - John Silvia



This good news supports the view of continued economic and employment gains with limited upside risk of rising interest rates. - John Silvia



They view the gasoline thing as temporary, and that's important because it didn't change their overall pace of spending. And that's a different kind of psychology. If it was a permanent increase in gasoline prices, then you would have expected consumers to make a more permanent adjustment downward in their spending and saving rate. - John Silvia