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Ian Shepherdson Quotes

«July sales always looked unsustainably high relative to the level of mortgage applications, so a correction was due, ... This drop in sales does not mark the start of a sustained weakening.»
«July sales always looked unsustainably high relative to the level of mortgage applications so a correction was due,»
«After 9/11, the index made up all the ground lost, and more, by January '02, ... This seems as good a guide as any now, though in the meantime we expect a couple of very rough months for consumers' spending.»
«The chairman's remarks clearly signal rates will rise this month, though we remain of the view that a November hike is not yet a done deal,»
«After 9/11, the index made up all the ground lost, and more, by January '02. This seems as good a guide as any now, though in the meantime we expect a couple of very rough months for consumers' spending.»
«July sales always looked unsustainably high relative to the level of mortgage applications, so a correction was due. This drop in sales does not mark the start of a sustained weakening.»
«July sales always looked unsustainably high relative to the level of mortgage applications so a correction was due. This drop in sales does not mark the start of a sustained weakening.»
«The chairman's remarks clearly signal rates will rise this month, though we remain of the view that a November hike is not yet a done deal.»
«The bottom line: This greatly improves the chance of positive fourth-quarter GDP (gross domestic product). The Fed is nearly done. The U.S. economy is coming back.»
«The pattern in claims in recent months is strikingly similar to 1990 -- a long slow climb and then a sudden acceleration as layoffs accelerated.»