Higher prices are back, which bodes ill for those expecting a quick end to Fed rate hikes. It looks like inflation is going onward and upward in the first quarter.
More Quotes from Richard Yamarone:
By historical comparison, theres not an economist on the street that can call housing weak right now. If this is the soft patch, its pretty darn good for a soft patch.Richard Yamarone
Now it's time to pay the piper and get this deficit back down to more manageable levels, and I believe the president's budget will address these issues,
Richard Yamarone
I can't imagine that these energy prices aren't elevated through the winter. We anticipate even higher prices. Companies don't want to hire ahead of uncertainty.
Richard Yamarone
As the economy goes, so, too, goes job creation.
Richard Yamarone
I don't think these high energy prices are going away any time soon. Consumers are pulling back.
Richard Yamarone
Businesses have had every incentive for investment spending, and they haven't taken that opportunity. I can't see how the tax provision expiring changes that too much.
Richard Yamarone
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