Quotations
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Ian Shepherdson Quotes
«The trend in sales is probably not as weak as this seems to suggest, but there is no question that the condo/co-op market is slowing much more dramatically than the market for single-family homes. Even in the latter case, however, sales have fallen more than 10% from their summer peak.»
Author: Ian Shepherdson
«Our forecast was undone by two factors. The impact of the post-Katrina spike in oil prices is lingering; it will eventually fade. Second, trade in goods ex-oil and aircraft -- core -- deteriorated again.»
Author: Ian Shepherdson
«The wage story is gathering real momentum. The Fed is going to 5%, and more if housing does not collapse by mid-year.»
Author: Ian Shepherdson
«A big headline drop was always in the cards after the weather-assisted surge in January, which hugely boosted retail activity.»
Author: Ian Shepherdson
«For now, claims signal strong payrolls and a lower unemployment rate.»
Author: Ian Shepherdson
«This can't last as the economy slows.»
Author: Ian Shepherdson
«The wage story is gathering momentum. No wonder the Fed is concerned.»
Author: Ian Shepherdson
«The bottom line here is that industry is doing well.»
Author: Ian Shepherdson
«Doubtless these numbers will be followed by a rash of commentary to the effect that rumors of the death of the housing market are greatly exaggerated. This would be the wrong conclusion to draw. It is not possible for sales to trend down and starts to trend up.»
Author: Ian Shepherdson
«The January revision is mostly due to the plunge in aircraft orders reported in the durable-goods numbers. In February, the index was pulled down by lower consumer confidence, higher jobless claims, shorter delivery times and lower building permits.»
Author: Ian Shepherdson