The big uncertainty is how much of a hit the housing marketing will take. Is it going to be a hard landing or a soft landing I worry about that much more than I worry about high fuel prices right now.
More Quotes from Nariman Behravesh:
There is no question that the deficit this year will be worse than last year. A number of the improvements in May were temporary.Nariman Behravesh
When it is up around 6, it feels a lot worse.
Nariman Behravesh
His academic work on inflation targeting will be of great comfort to many market analysts and investors who are beginning to fret about inflation,
Nariman Behravesh
The Fed can take comfort in the fact that core inflation remains tame, despite some modest inflationary pressures - gradually rising wage inflation, tighter capacity constraints and higher oil prices.
Nariman Behravesh
The underlying inflation trend is at the upper end of the Fed's comfort range, but not high enough for the Fed to hit the panic button, ... The big question still is when will the Fed stop raising rates . . . The Fed will probably stop in November, when the Fed funds rate is at 4 percent.
Nariman Behravesh
The main thing is cost-savings which radiate out in the form of lower prices for high-tech goods, and higher profit margins for the companies,
Nariman Behravesh
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Based on Topics: Uncertainty QuotesI shall never be ashamed of citing a bad author if the line is good.
Lucius Annaeus Seneca
You see, Africa makes a fool of our idea of justice. It makes a farce of our idea of equality. It mocks our pieties. It doubts our concern. It questions our commitment. Because there is no way we can look at what's happening in Africa, and if we're honest, conclude that it would ever be allowed to happen anywhere else.
Bono
The other work we started in 1992, it is called Over the River, Project for the Arkansas River in the state of Colorado, we haven't got the permit yet. And, we are working at both of those, trying to get the permit. Therefore, we do not know which one will be realized next.
Christo