Joel Naroff Quotes

With energy costs sky high and compensation increasing, it is going to be very tough to keep inflation from accelerating this year. If you were wondering why the Fed keeps raising rates, wonder no more.

- Joel Naroff

Tags

Energy | Costs | High | Compensation | Increasing |

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The pull back in housing remains orderly, at least in the existing market. But the red flags are up. Inventories continue to rise and that is a warning that prices cuts could be coming, and soon. - Joel Naroff

Firms should be experiencing significant easing in cost pressures as the weak commodity prices are adding to the strong productivity gains, which are keeping labor costs down. Now if demand would only pick up a bit, the earnings would go right to the bottom line. - Joel Naroff

Now, if we can get a really good employment growth number on Friday, something I think is a real possibility, even that enigmatic curmudgeon who controls monetary policy might start to lighten up a bit. - Joel Naroff