Joel Naroff Quotes

The report simply does not point to any immediate sharp rise in inflation. That has to make the Fed members feel good, though I doubt they will get wild and crazy and actually start considering stopping their rate hike program.

- Joel Naroff

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Report | Simply | Point | Sharp | Rise |

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It is only a matter of time before prices start falling sharply. - Joel Naroff

What we are seeing in the housing market is an orderly decline. - Joel Naroff

Next week's jobs report will be key to the income data and need to be watched as much for that reason as for the unemployment rate and job growth... Another month of weakness in the hours worked and wages data would be worrisome. - Joel Naroff