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Letter "D" » David Sloan Quotes
«People were unable to make claims because of the hurricane. The labor market will certainly take a short-term hit in the aftermath of the hurricane; only if gasoline prices remain higher will the economy take a sustained hit outside of the affected regions.»
«Housing is strong because of low interest rates. Because of the aftermath from Katrina, there will probably be a pickup in sales.»
«Confidence is gradually recovering. The main issue has been gasoline prices and they've fallen back from their highs.»
«I would put more attention to (ex-autos data) because it has confirmed that consumers are definitely feeling the pinch from higher energy prices.»
«It's Christmas, it's a difficult week for seasonal adjustments.»
«The looming war is boosting oil prices. That is feeding through to gasoline. But energy prices really only started to accelerate sharply toward the end of January, ... So the boost to the February CPI should be quite sharp. In January, the effect was more modest but still noticeable.»
«It's probably going to knock about 0.4 percent off GDP revisions for the fourth quarter,»
«A much stronger-than-expected showing -- the late September incentives after a poor start to the month had a large impact, ... This should ensure firm Q3 consumer spending data.»
«The number was stunningly strong. It will certainly cause people to reassess their views on the manufacturing outlook.»
«The looming war is boosting oil prices. That is feeding through to gasoline. But energy prices really only started to accelerate sharply toward the end of January. So the boost to the February CPI should be quite sharp. In January, the effect was more modest but still noticeable.»