Lakshman Achuthan Quotes

"The not-too-hot, not-too-cold 'Goldilocks' economy envisaged by many economists could turn out to be a mirage."

"Everything is falling into place, with the way our cyclical indicators are behaving. We should see the direction of job growth continue to improve."

"One of the things recessions do is uncover weak links. When you're 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."

"I don't think we're going to see jobs collapse or disappear. There is a bit of fear in the air with what's been going on with oil prices and the hurricane that there's going to be some kind of collapse. But I think this economy is resilient."

"[Rising home values] are making people feel they don't need to save."

"How much better is the Corvette today than 30 years ago? What is that improvement worth? It's not worth zero."

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