"I think that in the near term the only threat to demand is some form of recession here in the United States"
About this Quote
The line reads like a calm weather report, but it’s really a piece of corporate self-defense. Andrew Gould isn’t waxing philosophical; he’s ring-fencing uncertainty. By naming “recession” as “the only threat,” he collapses a messy universe of risks into one macro event that sounds impersonal, almost unavoidable. That’s reassuring to investors and useful to management: if demand falters, it’s the economy’s fault, not strategy, pricing, competition, or execution.
The phrase “near term” is doing quiet heavy lifting. It narrows accountability to the next quarter or two, the window where guidance, bonuses, and market expectations live. It also implies that longer-term structural problems either don’t exist or aren’t worth discussing yet. In executive-speak, that’s not evasive so much as tactical: you protect the story you can control.
Context matters because “demand” is a proxy word in commodity and industrial sectors for confidence in the whole business model. When a CEO talks about demand, he’s often talking about capital spending, energy consumption, and the willingness of customers to commit to big projects. By centering the United States, Gould is also signaling where the real thermostat is: even global businesses still take their cues from American growth, credit conditions, and sentiment.
It works because it performs steadiness. The sentence offers a single, legible villain - recession - and, in doing so, frames everything else as basically fine. That’s not just analysis; it’s narrative management.
The phrase “near term” is doing quiet heavy lifting. It narrows accountability to the next quarter or two, the window where guidance, bonuses, and market expectations live. It also implies that longer-term structural problems either don’t exist or aren’t worth discussing yet. In executive-speak, that’s not evasive so much as tactical: you protect the story you can control.
Context matters because “demand” is a proxy word in commodity and industrial sectors for confidence in the whole business model. When a CEO talks about demand, he’s often talking about capital spending, energy consumption, and the willingness of customers to commit to big projects. By centering the United States, Gould is also signaling where the real thermostat is: even global businesses still take their cues from American growth, credit conditions, and sentiment.
It works because it performs steadiness. The sentence offers a single, legible villain - recession - and, in doing so, frames everything else as basically fine. That’s not just analysis; it’s narrative management.
Quote Details
| Topic | Money |
|---|---|
| Source | Help us find the source |
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