Quotations
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Ian Shepherdson Quotes
«The bottom line here is that the month-to-month volatility in the durable orders data is such that the true information content in a single report is very small -- there's just too much noise.»
Author: Ian Shepherdson
«This may mark the start of an upturn in exports, but it's too soon to be sure.»
Author: Ian Shepherdson
«At 296,000, claims have slipped back to a five-week low, ... This is simply too low a level to be consistent with a major change in the labor market.»
Author: Ian Shepherdson
«Looking forward, we can be unequivocal: New home sales have to fall, because the level of demand for new mortgages for house purchase recently has not been sufficient to sustain current sales rates.»
Author: Ian Shepherdson
«His conclusion, in essence, is that much of the productivity explosion of recent years is permanent, but there is a risk that there is significant cyclical element too. Unfortunately, this leaves us none the wiser as to his intentions at the next (Federal Open Market Committee) meeting.»
Author: Ian Shepherdson
«This report indicates manufacturing is continuing to rebound from the Asian crisis, which is exactly what the Fed expects.»
Author: Ian Shepherdson
«[To be sure,] it would be premature to argue this is the start of a new, hyper-weak trend in home sales, ... Nonetheless, these numbers do send an unambiguous signal that the housing market is now past its peak.»
Author: Ian Shepherdson
«If sharply higher interest rates, and a plunging Nasdaq make people more optimistic, we are at a loss to know what it will take to depress confidence,»
Author: Ian Shepherdson
«We've seen pauses in sales before; (it's) too soon to call this a trend.»
Author: Ian Shepherdson
«they strongly suggest that the trend in employment growth is slowing hard. A big drop in May payrolls may be in the cards.»
Author: Ian Shepherdson