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Letter "J" » Joel Naroff Quotes
«What needs to be watched is the wage situation. Was the jump in wages a one-shot wonder or does it portend accelerating labor costs? That is the unknown right now.»
«With growth remaining strong, the debate at the Fed over when to stop may start including a discussion about whether some braking should be done.»
«If rates continue to rise -- and that is a realistic prospect if we keep getting good economic news -- the market could come under pressure,»
«The rising mortgage rates have pushed us to a new record home-sales level, but once the fence sitters are all down, things could change,»
«The report was surprisingly weak and highlights the reality that, until forced to do so by ever-increasing demand, firms will not commit to new workers,»
«The Fed wants everyone to know that rates are going nowhere and will not let facts get in the way,»
«The ... report makes it clear that, without the treats given to us by tax cuts and low interest rates, consumers are on their own, ... Let's just hope they don't trick us and slow spending sharply.»
«We should be seeing better job reports in the next few months, and that could start on Friday,»
«Consumers are still spending money, it's just that they have are not trying to buy every vehicle on the lot,»
«There is no inflation, as long as you are buying computers and motor vehicles, but for everyone else, the situation is not that pleasant,»