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Letter "J" » Joel Naroff Quotes
«With those kinds of prices, you can get on a plane and go to the Caribbean. And you don't have to bring linens.»
«We are starting to get early estimates of the impacts of Katrina and they are ugly.»
«Like the rest of us, business leaders cannot figure out what will happen if war breaks out, and making business plans in such an unclear environment is quite difficult.»
«If spending holds up and job gains continue, even if they are nothing great, rates will likely not be reduced, ... If the labor market turns negative and households put away their wallets, the [Fed] will undoubtedly react.»
«We have seen a change in the texture of the economic data. A month ago, the reports were not clear-cut, as some were good [and] some were weak. Recently, the pattern has been for a surprise in the numbers on the upside. The [Fed] is seeing the same trend in the data, and it would be a shock if they did anything but stand pat.»
«if we have a financial crisis of one form or another, do we have the confidence that this person has the experience to handle it well?»
«Energy prices are about to leave the solar system, but where is all the other inflation?»
«Slowly, but inexorably, inflationary pressures are building across the economy.»
«Not even Mother Nature can slow the housing market.»
«In spite of the good current news, there remains a fair amount of caution.»