With these discounts out there, people who were thinking of buying cars later in the year bought them earlier instead.
More Quotes from 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
When it is up around 6, it feels a lot worse.
Nariman Behravesh
The U.K. tried to cool off the housing market and slow their economy a bit, and they're caught in a situation where the economy is slowing but inflation isn't mostly because of oil prices, ... It's a bit of a dilemma, and that's reflected in their split vote.
Nariman Behravesh
The Fed has been singularly unsuccessful in cooling down the hot U.S. housing market, primarily because its rate hikes have had little impact on long-term interest rates so far,
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
These inflation concerns point to more rather than less tightening by the Fed in coming months.
Nariman Behravesh
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