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Letter "J" » Joel Naroff Quotes
«Is this cause for alarm? Hardly. Be like Alfred E. Newman (the Mad magazine character) and don't worry, ... The underlying measures are actually quite good.»
«With inflation this tame, the Fed will be in no hurry to raise rates,»
«People look at job availability, not unemployment rates, and they seem to be saying that only slowly are jobs becoming easier to get,»
«We need more jobs. It is accurate to say that job growth has returned, but it is not at an acceptable level, ... We need over 200,000 a month to feel good about the sustainability of the expansion. That may be coming, but it is not here yet.»
«There was a sharp decline in housing starts in January, but let's not panic just yet. Cold and snowy weather can take its toll on construction, and that may have been the case in January.»
«One good jobs report could change everything. But we have been waiting for that for a while now, and there is no certainty when we will finally get it.»
«Don't sweat it at all. The level of activity remains robust and the details are quite good.»
«The ex-vehicles number may have disappointed some, but given how strong the gain was in January, investors should not be disappointed. Consumers are still consuming.»
«If you live in the real world, inflation is not as tame as the members of the [Fed monetary policy committee] would like us to believe.»
«The cost pressures on businesses slowed in February, which is a good thing, given that the ability to pass the higher expenses through to consumers remains limited. But a careful reading of the details paints a troublesome picture.»