Michael Strauss Quotes (12 Quotes)

The market is preparing for a pretty good bounce in employment. What that means, though, is some more concern about inflation as demand increases.

Business owners have a responsibility to ensure their workers are eligible to work in the U.S.. But 80 percent of our members are small business owners that build less than 25 homes a year. The government can't expect small business owners to handle this burden of policing and should take the role of making sure workers are documented.

I think the majority of the Fed governors are going to realize that the boom in the stock market that we have had, the upward revision for employment growth, the strong income and savings rates are not something they are going to have to deal with for the July meeting. That will make it a lot easier for them to hold a steady policy stance.

An efficient and effective guest worker program should be created in order to stop the incentive for illegal immigration into the U.S..

We support reform of the U.S. immigration system, but we also estimate about 20 percent of the current residential construction workforce nationwide is composed of foreign-born workers.

Oil shouldn't be trading above 65 a barrel. It constrains the whole market and only some energy utility shares benefit.

You'd want to refinance to either reduce the monthly cost of your mortgage or to reduce the amount of time remaining on your mortgage, ... In some cases, you'd actually keep both the payments and loan length the same but refinance to tap into the equity and pull out some of the appreciated value.

The sell-off in the bond markets, not only here, but in global bonds, is scaring a lot of investors. At the same time, we are seeing a rotation from some of last year's bigger gainers, such as the energy companies, and people are just taking profits on those big names.

The equity market is going to begin focusing more on corporate earnings and may even focus on the positive benefits of a little bit of economic activity.

While the CPI print was a bigger drop than expected, there are some components that show some price increases. That probably implies core inflation is starting to creep up.

They (immigrants) are productive workers and they are needed in our industry.

The market probably did a reasonably good job anticipating this pickup in inflation. Investors are relieved there wasn't more pressure on core inflation. Unfortunately, we're probably going to see that pressure in the upcoming months.