Lakshman Achuthan Quotations

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

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

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

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

It's the 'Red Queen effect' -- you've got to run twice as fast just to stay in place.

We're at the point in the economic cycle, which comes in every economic cycle, where you move from an acceleration phase to a deceleration phase. We'll continue to grow, but not as fast.

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.

The basic message is unambiguous -- you've got inflation.

The continued weakness in a number of components of the index suggests that it's more than just high oil prices that are ailing the economy.

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.