Stephen Roach Quotes
The same distortions, in my view, could well be explaining a lot of the recent strength in the remainder of the U.S. data flow. If that's the case, all it will take is for the weather to return to normal and the seasonally adjusted data will fall like a stone. - Stephen Roach
The risk is that he will be blind-sided, as his predecessors were, very early in his tenure by something he is not all that well prepared for and by something that the markets do not have confidence in him for.
- Stephen Roach
The recession is not over. We will probably have a 'double dip,' another downturn, by spring.
- Stephen Roach
The property bubble is nearing its end. This is the end of the great American spending binge.
- Stephen Roach
The major risk to the global economy is complacency. We cannot keep thinking that we can shrug off the deficit and the property bubble.
- Stephen Roach
The Fed's going to move 25 basis points; the question is what about after that.
- Stephen Roach
The case for a classic U.S. current account adjustment grows more compelling. This could lead to renewed weakening of the dollar and higher long- term real interest rates.
- Stephen Roach
That underscores the possibility of yet another shoe to fall in world growth -- all the more reason to stress the protracted nature of this global downturn.
- Stephen Roach
That doesn't mean that there cannot be some adjustments made along the way.
- Stephen Roach
Sound the alarm, it's Allan McMahon!
- Stephen Roach
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