To be sure, it would be premature to argue this is the start of a new, hyper-weak trend in home sales, ... Nonetheless, these numbers do send an unambiguous signal that the housing market is now past its peak.
More Quotes from Ian Shepherdson:
With three sub-300,000 numbers in the past four weeks, it is beginning to look as though there has been some real improvement in the labor markets this year.Ian Shepherdson
These data again show that when people have substantial net assets, slower income growth need not kill spending,
Ian Shepherdson
The gains were uneven, however, with small declines in clothing and electronics, a decent 0.7 percent rise for general merchandise and a huge leap for non-store retailers. Provided January holds up -- surveys suggest so far, so good -- the overall holiday season will have been pretty good.
Ian Shepherdson
Skeptics will argue this is just a post-war bounce that won't last, but we disagree, ... The ISM was in the mid-50s before the war, thanks to very loose policy, and there's no reason why it can't return to those levels very soon. The Fed does not need to
Ian Shepherdson
The pattern in claims in recent months is strikingly similar to 1990 -- a long slow climb and then a sudden acceleration as layoffs accelerated,
Ian Shepherdson
This number comes completely out of the blue -- there has been nothing in the anecdotal or survey evidence even hinting at such a massive rebound,
Ian Shepherdson
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Based on Topics: Home Quotes, Sales QuotesAs to happiness in this life it is hardly compatible with that diminished respect which ever attends the relinquishing of labour.
Anthony Trollope
I believe in trade unionism, and I believe in democracy, in democratic trade unionism.
Richard Attenborough
Laziness may appear attractive, but work gives satisfaction.
Anne Frank