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Letter "G" » Gary Thayer Quotes
«It appears that the market for existing homes is holding up better than the market for new home sales. We are still concerned about the housing market cooling off.»
«The increases (in gas prices) looks like it's hitting a critical level.»
«This is probably going to keep the Fed concerned about inflation. If the housing market is still healthy, policy-makers will probably continue to raise interest rates.»
«This is probably going to keep the Fed concerned about inflation.»
«If sales can be sustained at this level, that would help support housing construction, but inventory of new homes is still increasing. The housing market is cooling off, but not dropping sharply.»
«We have the potential for that.»
«We probably won't see good (employment) numbers in the next couple of months because of the loss of jobs in the Gulf Coast region,»
«The Fed will probably not put a lot of emphasis on this data and instead will be looking more at the economy after the hurricane.»
«Unfortunately, this is pre-Katrina data and may not reflect what we're likely to see in the next couple of months.»
«The Fed will overlook the strength in the economy before Katrina and focus more on getting the economy back on its feet and probably will hold policy steady until we see how the economy is actually dealing with the shock of lost jobs and high gasoline prices resulting from Katrina.»