Ian Shepherdson Quotes

The message from these claims numbers is strong and clear. The labor market is extremely tight.

- Ian Shepherdson

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Message | Claims | Numbers | Strong | Clear |

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The Fed will deal with (the housing-jobs mix) by hiking in January and March and hoping that the housing softening will be sufficient to get them off the hook by May, though I think that's a close call. - Ian Shepherdson

These data leave confidence very close to its cycle high, and completely unaffected by higher interest rates... Together with the rise in home sales also reported today, the data sit very uneasily with Mr. Greenspan's dovish tone last week and again today. - Ian Shepherdson

If sharply higher interest rates, and a plunging Nasdaq make people more optimistic, we are at a loss to know what it will take to depress confidence. - Ian Shepherdson