Word: achuthan
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Cycle Research Institute, an outfit with a good record of at least noticing when recessions have begun, the indicators still point toward growth--albeit less convincingly than two months ago. "Having a jobs report come in negative does not mean that a recession has started," says managing director Lakshman Achuthan. But the risk is there, and Achuthan guesses it will worsen if loan markets fail to calm down. If a month from now a borrower with good credit still can't get a jumbo mortgage at a reasonable rate, a recession will be much likelier...
...ACHUTHAN: You end up with a politician spending more to get the economy going, but because of these structural changes, those jobs we're losing are unlikely to come back. You're going to have to create new, different types of jobs...
...ACHUTHAN: I wonder, because even if you have something happen with exchange rates, it's not going to remove the difference in cost production in Asia...
...ACHUTHAN: I'm not sure what they could...
...ACHUTHAN: The magic bullet that some are holding their breath for is a strong rebound in the economy that overwhelms all this. And that is probably less likely because of the structural changes...