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Letter "J" » Joel Naroff Quotes
«The new home market looks like it is starting to stagger. Bubbles do burst, they really do.»
«There is always concern (among some U.S. citizens) of foreigners owning things. The downside is that they take profits out of the business. It goes overseas. That's their right as owners of the business. But we own an awful lot of businesses around the world as well. We've got to recognize that fact.»
«The Fed will remain on inflation watch.»
«Core prices continue to rise faster than would be considered comfortable and at the intermediate level they have been surging for the past six months. That is a warning sign.»
«Consumers may have throttled back a touch in February, but given the weather and all they had spent the previous few months, we cannot conclude that consumption is faltering.»
«With consumers spending a little less and business investment likely to slow, that will translate to a bit slower growth for factories.»
«To put it mildly, durable goods orders have been all over the map but the trend appears to be slowing.»
«Bubbles burst, they really do. The Federal Reserve has to be concerned that just may happen, which could make them more cautious going forward.»
«Bubbles burst, they really do.»
«Basically, the new boss has the same worries as the old boss. For the markets, this cannot be good news.»