Vincent Reinhart - Standish Mellon Asset Management
Last quote by Vincent Reinhart
It's always been the deep irony: the Federal Reserve Chair appointment that would most reliably deliver a low path for policy rates and be market friendly was Janet Yellen, and the president just admitted that. It is attractive to have been nominated by presidents of two different parties.feedback
“We're getting service employment but not manufacturing employments. We're getting the lower wages rather than the higher paying wage industries hiring. That's bad for income distribution. It's bad for income growth generally.” said Vincent Reinhart on this article: The 'most remarkable' Oct. jobs stat is not wage growth, JPMorgan strategist says. This page contains 3 articles quoting Vincent Reinhart. Main topics on which Vincent Reinhart is quoted are employment and wage. In addition you’ll find 5 quotes there. All these quotes are mentioned on this page and you can filter them by date and by topics.
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Quotes by Vincent Reinhart
Nov 04 2016
We're getting service employment but not manufacturing employments. We're getting the lower wages rather than the higher paying wage industries hiring. That's bad for income distribution. It's bad for income growth generally.feedback
Nov 04 2016
There's evidence on labor hoarding on the part of firms. You don't see many quits [or] many layoffs. The fact that they've got to pay workers more to keep them on the job tells you the market is pretty hot.feedback
Feb 09 2016
I think that markets probably have over-reacted to the sense that the Fed won't raise rates any time soon.feedback
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