It looks like another good year for California. Housing prices have got to slow down.
More Quotes from Dana Johnson:
I think Michigan would like nothing more than to see GM emerge as a leaner and more profitable company,Dana Johnson
I think it's important to recognize that inflation is where the Fed wants (it) to be. They don't want to overshoot. I think they will pause real soon.
Dana Johnson
From a cyclical perspective, I'm not prepared to worry about inflation. There's no clear pattern of acceleration.
Dana Johnson
The doctor asked if I'm ready, ... I said yeah.
Dana Johnson
What we're spending our time debating is whether the Fed goes a quarter point or a half point.
Dana Johnson
That probably overstates the impact, just think of the army of people pouring into that region, and you see people spreading out across the country and getting jobs it won't continue, I don't think those bottlenecks and shortages will continue. The broader concern is we have crude oil over 60 a barrel, which is the price even before Katrina was named, and that will have long-term effects on the economy, and I think that's a distinction that should be made.
Dana Johnson
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