Steve Stanley Quotes

While concerns about the impact of rising interest rates will be a frequent theme of discussion in the press and financial markets, homebuilders and realtors are confident that favorable demographics and an improved economy/job market should help, at least for a while, to compensate for the dampening effect of the upturn in borrowing costs on housing demand.

- Steve Stanley

Tags

Concerns | Impact | Rising | Interest | Rates |

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Once we get a few strong payroll gains, the tightening cycle will commence... That could be three months away or another year away. No one, including Greenspan, knows the timeframe; but make no mistake, tightening is coming sooner or later. - Steve Stanley

Without a doubt, the decline mainly reflects the run-up in gasoline prices. - Steve Stanley

The Chairman (over the two days) was surprisingly hawkish, and we should be ready for rate hikes as soon as the data justify them. - Steve Stanley