Quotes by Lakshman Achuthan

“The continued weakness in a number of components of the index suggests that its more than just high oil prices that are ailing the economy.”

“One of the things recessions do is uncover weak links. When youre in a strong economy, a bull market, you can paper over a lot of things. When you get under some strain, these things show up.”

“As the recovery takes hold, the vulnerability we have surrounding these issues will diminish and they wont be able to impact the overall economy. And then investors will focus on the good news.”

“[Rising home values] are making people feel they dont need to save.”

“It will temporarily depress some economic activity, in much the same way a snowstorm could.”

“I dont think were going to see jobs collapse or disappear. There is a bit of fear in the air with whats been going on with oil prices and the hurricane that theres going to be some kind of collapse. But I think this economy is resilient.”

“Its the Red Queen effect -- youve got to run twice as fast just to stay in place.”

“The jobless claims are a leading indicator. We would like to see it lead back down.”

“The basic message is unambiguous -- youve got inflation.”

“To put this in perspective, a couple of years into recovery, we should be seeing 250,000 to 300,000 new jobs per month. Were not there yet.”