These inflation concerns point to more rather than less tightening by the Fed in coming months.
More Quotes from Nariman Behravesh:
The typical pattern with a natural disaster like this is that the regional economy gets clobbered but you can barely see it in the national statistics. This time it is very different because of the impact on the energy infrastructure.Nariman Behravesh
A lot will depend on how weak housing gets, in terms of whether we go into a real soft patch or not. That's the key here.
Nariman Behravesh
Rather than the doom and gloom we've been hearing, the consumer hasn't packed it in, and Christmas sales will be reasonably good.
Nariman Behravesh
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.
Nariman Behravesh
Natural gas prices are going to go through the roof in the next couple of months, and that is going to hurt a lot of families.
Nariman Behravesh
This is bad news, but it's old news.
Nariman Behravesh
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