Quotations
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Joel Naroff Quotes
«He had the right temperament for the job.»
Author: Joel Naroff
«They're faced with what is probably a moderation in growth, but a slow acceleration in inflation. The question is, where does inflation go from here? I think that will be the driving factor, because I don't think growth is going to stay this slow.»
Author: Joel Naroff
«With energy costs sky high and compensation increasing, it is going to be very tough to keep inflation from accelerating this year. If you were wondering why the Fed keeps raising rates, wonder no more.»
Author: Joel Naroff
«The glory days of surging productivity that kept labor costs down look to be behind us.»
Author: Joel Naroff
«The sharp rise in wages is a two-sided sword. On the one hand, workers' income is finally starting to increase, and that bodes well for spending. On the other hand, labor costs are on the rise and that implies potentially higher inflation.»
Author: Joel Naroff
«This was a very solid report. The labor market is firming and workers are beginning to see their wages improve.»
Author: Joel Naroff
«The sharp rise in wages is a two-sided sword.»
Author: Joel Naroff
«We saw a slowdown in business investing and while it may be a little more than we will see going forward, it's real and it will likely continue.»
Author: Joel Naroff
«Warm weather and consumers' willingness to spend every penny they have led to a huge increase in retail sales. Households may be tapped out and dipping into savings and wealth, but that still hasn't slowed them down one bit.»
Author: Joel Naroff
«This level of growth should lead to a further tightening of the labor market and that could power faster wage gains.»
Author: Joel Naroff