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Letter "J" » Joel Naroff Quotes
«The economy is becoming a well oiled machine.»
«Any way you cut it, inflation was not well contained in March.»
«The pull back in housing remains orderly, at least in the existing market. But the red flags are up. Inventories continue to rise and that is a warning that prices cuts could be coming, and soon.»
«So far, the cracks in the housing market are not that great, but with inventories skyrocketing, that may not last long.»
«The numbers we're getting all indicate that the economy has maintained a large amount of momentum and that's obviously a concern to the Fed and will likely force their hand.»
«Spending on equipment was the strongest since the last irrational exuberance of the dot.com boom in early 200.»
«Some people are being turned off by the high house prices and they just can't pull the trigger. Without question that's causing some people to think twice about buying.»
«The change was minimal and does not affect the general impression that the economy was in fine shape heading into the summer.»
«It may be hot and energy prices may be scorching consumers, but as long as jobs are available, people seem to be happy.»
«Now gasoline prices are breaking $3 a gallon. If we stay here or go higher in the fall, that would begin to put the holiday shopping season at risk.»