Quotations
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Joel Naroff Quotes
«While we can be somewhat blase about goods [prices], at least for a little while longer, we cannot conclude that retail inflation is anywhere near under control.»
Author: Joel Naroff
«With such a stark difference between goods and services inflation, the issue is: 'Can the Fed do anything about the surge in services prices?' ... Can monetary policy limit the rise in medical care or education or tobacco prices? Probably not.»
Author: Joel Naroff
«It appears as if consumers have the money to continue spending at a very solid pace going forward,»
Author: Joel Naroff
«Businesses have spent the last year restructuring and managing their work forces cautiously, ... It is paying off. Companies managed to squeeze every last ounce of production out of their workers, and it showed.»
Author: Joel Naroff
«The modest decline in single-family construction activity, coupled with the rise in permit requests, indicates that the housing market is holding in,»
Author: Joel Naroff
«One or two more months like this [durable goods] report, and even the Fed Chairman will have to start to admit that things look good,»
Author: Joel Naroff
«The economic fundamentals seem to be lining up quite nicely, and they are all pointing to continued strong growth through the summer,»
Author: Joel Naroff
«Now, if we can get a really good employment growth number on Friday, something I think is a real possibility, even that enigmatic curmudgeon who controls monetary policy might start to lighten up a bit,»
Author: Joel Naroff
«What consumers are reacting to is more of the non-economic situation than the economic situation, ... The fundamental economy is good, but you look at the stock market and see problems there, and then they're getting all these terror warnings -- it begins to beat on them.»
Author: Joel Naroff
«Not only is the manufacturing sector back up and running, but investment activity is beginning to pick up as well, ... There are some weak sectors remaining, but they are extremely few and far between.»
Author: Joel Naroff