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Quotations
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Joel Naroff Quotes
«Cold weather and a rebound in oil production helped power a strong gain in output.»
Author: Joel Naroff
«Unfortunately, wages grew by less than that pace, which explains why spending has begun to tail off.»
Author: Joel Naroff
«For me, core inflation is running at a moderate pace and is slowly accelerating. That is what I believe is driving the Fed to raise rates.»
Author: Joel Naroff
«As long as mortgage rates don't spike, we might expect a slow moderation in the market. But if rates do pop, watch out.»
Author: Joel Naroff
«What we're seeing is the delayed impact of the movement from hearing about layoffs to the actual layoffs, and ultimately that effect on households, which are beginning to see some people lose their jobs,»
Author: Joel Naroff
«The confidence of consumers is going to be related more to the issue of terrorism and war than to anything fundamental, ... If things turn, that'll turn confidence, and that'll stop the downslide very quickly.»
Author: Joel Naroff
«People were probably too busy closing their deals on the record number of homes bought to visit [auto] showrooms, ... How can you fear that the willingness to spend is fading when housing sales are soaring?»
Author: Joel Naroff
«With confidence rebounding, that tells me the holiday shopping season could be a lot better than the nattering nabobs of negativity have been saying,»
Author: Joel Naroff
«A sharp slowdown in vehicle assemblies made a not-that-bad industrial production report look bad, ... The manufacturing sector is not yet out of the woods, but it hasn't gone further into the tank either.»
Author: Joel Naroff
«Given the condition of housing, [Fed policy-makers] will not panic if they see a low GDP growth rate [in the fourth quarter],»
Author: Joel Naroff
