Households and corporations are still very active and are creating economic momentum, which is tremendously encouraging news for the economy. The only dark cloud comes from the news on prices, which are going up.
More Quotes from Carl Tannenbaum:
Foreclosure depresses an area in a variety of ways.Carl Tannenbaum
It's certainly surprising. I mean, all of the recent news suggested that we're going down a slippery slope toward a slower economic time.
Carl Tannenbaum
With holiday sales looking a little better than expectations and the Purchasing Managers Index up when we were expecting a decline, it's clear that the fear that many had that we had slowed down too far is unwarranted.
Carl Tannenbaum
Frankly, I think that's healthy. Property has gotten so expensive, maybe people are getting a little bit of sticker shock.
Carl Tannenbaum
We're trained to think that rapid growth after six years of expansion is finally going to kick prices up a little bit, but in fact they're going in the opposite direction,
Carl Tannenbaum
We've given the auto industry steroids, and we might be looking at a period of withdrawal as auto companies wean themselves from these stimulants,
Carl Tannenbaum
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