Posts Tagged ‘jack welch’

Jack Welch: Central Banks Bankers

Posted by admin on Sunday, January 16, 2022

Jack Welch Money Quote saying the economy and markets see consumer confidence as well as central bankers offering money. Jack Welch said:
 
consumer confidence and it's got banks throwing - central bankers throwing money Quote
 

“I actually think that the economy has got some positives. It’s got the market. It’s got consumer confidence and it’s got banks throwing – I mean central bankers throwing money at it around the world” — Jack Welch

 

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In this quote, Jack Welch is expressing a cautiously optimistic view of the economy despite risks and uncertainties. His interpretation is that there are some favorable underlying fundamentals like strong consumer sentiment, functioning capital markets, and accommodative monetary policies globally that are providing economic stimulus through low interest rates and easy credit.

While Welch acknowledges issues exist, he seems to believe these positive factors, particularly the actions of central banks, are helping sustain growth even amid geopolitical tensions. The overall message suggests Welch felt the combination of market forces, consumer strength and widespread monetary easing were supporting continued expansion at that point in time, though he may have had reservations about overreliance on stimulus measures.

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