Jack Ablin Quotes
But the key here is really going to be guidance. Everyone is looking for signs of the rolling over of profit growth, although not as much as the Fed or higher energy prices might indicate. 
Tweet
Guidance | Signs | Rolling | Profit | Growth |
comments powered by Disqus
I'm not convinced we're heading into a recession. But we will have a slow down.
- Jack Ablin
The spending spree is over. Take that ATM off the front of your house. You're not going to be able to draw cash out of your house anymore. Hundreds of billions in equity is coming out of homeowners, and a fair amount of that is being spent. The [refinancing] boom presupposes increases in housing prices. All it takes is for housing to go flat and the housing story is over.
- Jack Ablin