Joel Naroff Quotes

Wholesale prices are going nowhere. We don't have deflation, but clearly there is no reason to expect prices to jump.

- Joel Naroff

Tags

Wholesale | Prices | Deflation | Reason | Expect |

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Today's statement makes it clear that the monetary authorities truly believe they are in an extremely aggressive policy stance. And if they do feel that way, you can be sure they will feel the need to unwind that aggressive stance rapidly when growth does return. - Joel Naroff

The manufacturing sector ended the year with some decent momentum that should carry it through the first part of the year. - Joel Naroff

Consumers may have throttled back a touch in February, but given the weather and all they had spent the previous few months, we cannot conclude that consumption is faltering. - Joel Naroff