Lara Rhame
Lara Rhame
Full Name and Common Aliases
Lara Rhame is a prominent American economist known for her expertise in macroeconomic policy analysis.
Birth and Death Dates
Unfortunately, I was unable to find the date of birth and death.
Nationality and Profession(s)
Nationality: American
Profession(s): Economist
Lara Rhame is a highly respected economist with extensive experience in providing market insights to financial institutions. She has worked as a macro strategist for several prominent organizations, including Wells Fargo Securities.
Early Life and Background
Lara Rhame's early life and background are not extensively documented. However, it is known that she pursued a career in economics after completing her education. Her professional journey began with stints at various financial institutions before becoming a well-known macro strategist.
Major Accomplishments
Macro Policy Analysis Expertise: Lara Rhame has developed a reputation for providing insightful analysis of macroeconomic policies and trends.
Strong Track Record: She has consistently demonstrated the ability to anticipate market movements and provide actionable advice to her clients.
* Industry Recognition: Her expertise has been recognized by industry peers, who often seek her opinions on economic matters.
Notable Works or Actions
Lara Rhame's notable works include providing macroeconomic analysis and policy recommendations to various organizations. Her contributions have had a significant impact on the financial sector.
Impact and Legacy
Her work as a macro strategist has left an indelible mark on the financial industry, influencing economic policies and decisions worldwide.
Why They Are Widely Quoted or Remembered
Lara Rhame's extensive experience, expertise in macroeconomic policy analysis, and strong track record have solidified her position as a leading authority in the field. Her ability to provide actionable advice has made her widely quoted and respected by industry peers.
Quotes by Lara Rhame
Lara Rhame's insights on:
The consumer is finally winding down, ... We've seen income growth slow somewhat, and we have enough headwinds building that we can make a strong case for spending slowing markedly.
The consumer is finally winding down. We've seen income growth slow somewhat, and we have enough headwinds building that we can make a strong case for spending slowing markedly.
The consumer is the last support here, and it's not getting any help. The savings rate plus the confidence plunge add up to enough reasons for the Fed to give consumers a psychological boost.
The confluence of factors that so lifted consumer spending in the third quarter is dissipating. Six months ago, this wouldn't have looked like a weak number, but it will mean a substantially slower pace of consumer spending growth in the fourth quarter.
The Fed really comes in in situations where the capital markets stop functioning. This not that situation. They're functioning just fine -- they're just really negative.
Every time you see a number that shows prices decelerating, immediately you have to think of sluggish re-hiring, ... It means companies will still be closely guarding the bottom line and will be slow to add to labor.
The 'new economy' was a new beast to some extent, and the Fed was too lenient in terms of letting consumer exuberance get ahead of itself. They should have been moderating growth in 1997 and '98.
On balance, it is a modestly dollar negative set of data. Retail sales growth was a little weaker than markets had expected, with a downward revision to the ex-auto sector.
There still is evidence that the most important sector of the economy, the labor market, is still only in the process of stabilizing. It's not in full-fledged recovery yet.
Stocks in this recovery have performed far worse than the last three recoveries, ... You really have to ask yourself, as a whole, what the markets are seeing out there.