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Letter "R" » Richard DeKaser Quotes
«I would interpret those numbers as being quite benign in light of what we saw as very, very steep increases at the wholesale level. Very little of that [wholesale price increase] has leaked through to the consumer price level. That's testament to the pricing pressure across America at the retail level.»
«It's a very solid quarter. The fundamental of the economy is extremely robust, which doesn't exclude the effects of the hurricanes.»
«I think the market is responding now to a perception of the increased possibility of recession, which I do not see.»
«If we see economic indicators continue to weaken at the pace they have weakened in the past month, then I'm wrong. We could not only see mortgage rates continue to soften, but hold at lower levels for quite a substantial period -- maybe the first half of next year. But I don't think that's likely to happen.»
«This is a very favorable report. In the context of what we've seen in the recent past, the Fed is right to say that inflation has been quiescent. It gives them more latitude to forestall an inevitable rate hike.»
«It's still a welcome number. It showed sustained labor conditions outside of the areas impacted by the two hurricanes.»
«slow, drawn-out affairs, taking an average of three years to play out.»
«extremely overvalued and confront a high risk of a future price correction.»
«These areas are at an especially high risk of future price corrections,»
«This virtually guarantees another record year.»