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Letter "P" » Peter Morici Quotes
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«We don't give them any more market access. They won't have any more sales here, but we should have more sales there. But that deal by itself will not resolve this problem.»
Author: Peter Morici
«A lot of people pay for gas on their credit cards. Then, next month, when they get the bill, all of a sudden they're paying another 100 bucks for gas, and they have to make an adjustment.»
Author: Peter Morici
«The higher import prices are starting to bite and the lower import prices are starting to have an effect,' ... I think we can start to wind our way down to about $20 billion.»
Author: Peter Morici
«Businesses might ask for more (for consumer goods) but they won't necessarily get it, and then we'll see big discounts for Christmas, ... This squeeze will slow economic activity. The Fed needs to be very cautious how hard they take the economy downhill because it is already headed in that direction.»
Author: Peter Morici
«As things currently stand, GM has too many brands, workers, managers, capacity and bureaucracy.»
Author: Peter Morici
«Look for the Fed to increase rates another quarter point next week, but don't assume it will continue raising rates all the way to 3.5 percent. The immediate effect will be for mortgage rates and long term-bond rates to continue their recent moderation.»
Author: Peter Morici
«This visit is key because it will determine the line they will take in the report. The president is trying to find a way to avoid branding China as a currency manipulator.»
Author: Peter Morici
«Companies cannot provide gold-plated healthcare benefits and open-ended pension commitments,»
Author: Peter Morici
«My feeling is he is not interested in an active role in the management of the company, that his interests are more financial,»
Author: Peter Morici
«I think he wants to take cash out of the company.»
Author: Peter Morici
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