Joshua Shapiro Quotes

[Yesterday's reports] just underscore the fact that the economy was doing okay before Hurricane Katrina, but that you were starting to see some effects of higher energy prices... Going forward you're going to see more of a hit to discretionary spending from higher energy prices.

- Joshua Shapiro

Tags

Reports | Underscore | Fact | Economy | Hurricane |

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It's a wait and see. If we get another powerful storm that does damage to refining capacity in particular, I think all bets can be off if gasoline prices will go higher and stay there. - Joshua Shapiro

It's really suggesting the best of both worlds for the stock market. What's not to like? - Joshua Shapiro

Export growth will remain solid in the months immediately ahead, which ought to help blunt (but not fully offset) the detrimental effect on the trade deficit of a likely acceleration in import growth. - Joshua Shapiro