Alan Ackerman Economics Quotations

We have more profit warning jitters as the U.S. economy appears to be slowing,

While the president may be in trouble, the U.S. economy does not appear to be in trouble as of now. We have a positive economic backdrop, with low inflation, low interest rates On balance, the American economy, while slowing down, continues to be strong.

Rate hikes bite different sectors of the economy at different rates. For example, one of the key areas that was hit hard and appears to be slowing down is housing. Consumer spending will take some time to slow down, maybe three to six months out. But in any case, what the Fed is targeting is                   GDP of 5 percent this year and a GDP hopefully next year of closer to 4 to 4-1/4 percent.

Bargain hunters are surfacing today. The feeling going into next year is the economy is going to slow down.

Investors are back to looking at the economy, corporate earnings, and unfortunately the continued saga of corporate shenanigans,

It's the higher multiples that have put off buyers for now, ... If the economy slows, it will affect technology stocks.