Every piece of economic data we have received over the last six weeks is showing signs of higher inflation that threatens to erode economic growth. The after-shocks of the hurricanes may be longer and deeper than many now believe.
More Quotes from Richard Yamarone:
Consumers are partying like it's 1999, ... They are celebrating their full-employment status and they are spending. The punch bowl is only spiked with 1-12 percent inflation, which isn't anything.Richard Yamarone
We are convinced that a large portion of the tax refunds that are scheduled to arrive in consumers' mailboxes in March and April will be dedicated to these exorbitant energy costs, ... With that, there'll be less money spent on other goods and services.
Richard Yamarone
As the economy goes, so, too, goes job creation.
Richard Yamarone
I can't see the state of job creation changing for the better anytime soon.
Richard Yamarone
This is good news. For all intents and purposes, this is really good data. Some equities should rally on this.
Richard Yamarone
So we don't get the gold medal in housing this year we have to settle for the bronze. There's still plenty of demand for housing in the U.S., even with the higher mortgage rates.
Richard Yamarone
Readers Who Like This Quotation Also Like:
Based on Topics: Belief & Faith Quotes, Economics QuotesA little sincerity is a dangerous thing, and a great deal of it is absolutely fatal.
Oscar Wilde
Poetry heals the wounds inflicted by reason.
Novalis
Intensity like signal strength will generally fall off with distance from the source, although it also depends on the local conditions and the pathway from the source to the point.
Charles Francis Richter