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Letter "J" » Joel Naroff Quotes
«But if inflation does keep moving higher -- and right now, that is a real possibility -- the (Fed) is quite prepared to keep raising rates.»
Author: Joel Naroff
«The [property] sector is coming back to earth. The only question is will the parachute open or will there be a very hard landing?»
Author: Joel Naroff
«We saw decent exports here. The weak dollar is beginning to have its effect. I think that will continue to happen, although I really don't expect the trade deficit to narrow until the end of this year if at all.»
Author: Joel Naroff
«The pullback in the housing market is continuing at an orderly pace.»
Author: Joel Naroff
«What we are seeing in the housing market is an orderly decline.»
Author: Joel Naroff
«The overhang is becoming a real threat.»
Author: Joel Naroff
«This is it for the major data this year and only the window-dressers will likely care. And their moves are for show and dough, not for fundamental reasons.»
Author: Joel Naroff
«Imports are creating some inflationary pressures but they don't appear to be that great.»
Author: Joel Naroff
«We had a pretty good year this year. If we look out and ask, 'Can we sustain the gains that we made?' I think the answer is, more likely, yes. If we do as well in 2006 as we did in 2005, we should be very pleased.»
Author: Joel Naroff
«You're seeing a situation where the consumers are spending every penny they possibly can and borrowing on top of that.»
Author: Joel Naroff

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