Peter Morici Market Quotations

I think the worst is yet to come. I expect their market share to continue to shrink and their balance sheets to become more troubled.

This moderate wage growth should dispel any notions the Fed may hold (that) labor markets and spiraling wages could reignite inflation.

The rating agencies and stock market are sending a clear message that the company will lose money for the foreseeable future and eventually go bankrupt. Bankruptcy is a serious option either strategically or as an eventuality.

It's really the tale of two cities. For highly educated and highly skilled people, especially those who don't face competition from overseas, the job market is pretty good. For others, it's not so good.