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Letter "M" » Mark Vitner Quotes
«The way the Fed is supposed to influence markets is through an open market policy, but they will also use the open mouth policy,»
«It continues to defy all the expectations of doom in the housing market. Demand for housing still remains quite strong and this year will be a record year for single-family construction.»
«Inflation at the end of the day is headed higher, it's just not going to happen that dramatically this year.»
«The more important figure (than confidence) for the economy is what consumers actually do. Consumers are not sitting on their wallets just yet. But that is about the only bright spot in this morning's report. With consumers concerned about both their stock portfolios and employment prospects, spending will likely rise a little less rapidly this fall.»
«The Fed can't wait for core inflation to pick up before they act,»
«The major story in these places is very rapid population growth, with retirees, seasonal residents and tourists coming in,»
«The higher energy prices have already spilled over into the rest of the economy. But it probably will not cause major problems for the economy.»
«Retailers are concerned, but they're not panicky,»
«I think it's going to be a bad month for retailers. The news was so horrific coming out of New Orleans that it made people not feel like going out to dinner.»
«Lots of the activity that had been taking place in New Orleans is now taking place in Houston or Dallas or Atlanta, Birmingham or Baton Rouge,»