We had a pretty good year this year. If we look out and ask, 'Can we sustain the gains that we made' I think the answer is, more likely, yes. If we do as well in 2006 as we did in 2005, we should be very pleased.
More Quotes from Joel Naroff:
But if inflation does keep moving higher -- and right now, that is a real possibility -- the (Fed) is quite prepared to keep raising rates.Joel Naroff
Now gasoline prices are breaking 3 a gallon. If we stay here or go higher in the fall, that would begin to put the holiday shopping season at risk.
Joel Naroff
Is this cause for alarm Hardly. Be like Alfred E. Newman (the Mad magazine character) and don't worry, ... The underlying measures are actually quite good.
Joel Naroff
While wages didn't rise exceedingly rapidly, the low (jobless) rate is a warning that labor costs are probably going to increase further.
Joel Naroff
My view is these guys are out there, they have got some good weather, they have seen some cancellations. They want to get these things in and closed, try to get them into the hands of people as soon as they possibly can.
Joel Naroff
The ex-vehicles number may have disappointed some, but given how strong the gain was in January, investors should not be disappointed. Consumers are still consuming.
Joel Naroff
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I finally know what distinguishes man from the other beasts: financial worries.Jules Renard
And that's the one thing that people do not understand is that we have very low interest rates and if those go back to historical levels or even go back to scary thoughts that they're back in the late '70s, early '80s, then that's going to really be hard to actually pay off those debts. It's going to be a - it's going to be a very big problem.
Ben Quayle
All differences in this world are of degree, and not of kind, because oneness is the secret of everything.
Swami Vivekananda