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.
More Quotes from 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
Eighteen years of excellence has earned Greenspan the benefit of the doubt when blame is being allocated.
Carl Tannenbaum
Foreclosure depresses an area in a variety of ways.
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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
The survey was taken in a dark week immediately after Katrina. The images (in the media) were of the type that don't makes us confident about anything.
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It is the litany of uncertainty this year - the housing market moderation, worry about energy prices that may be factoring into peoples' views about the future.
Carl Tannenbaum
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Based on Topics: Fear QuotesBased on Keywords: unwarranted
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