Carl Tannenbaum Quotes
With holiday sales looking a little better than expectations and the Purchasing Managers Index up when we were expecting a decline, it's clear that the fear that many had that we had slowed down too far is unwarranted. 
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Holiday | Sales | Expectations | Purchasing | Managers |
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Frankly, I think that's healthy. Property has gotten so expensive, maybe people are getting a little bit of sticker shock.
- Carl Tannenbaum
This economy has a lot of momentum and seems intent on challenging the Fed to keep in under control. Inflation is a real risk here after six years of expansion. The Fed perhaps is taking the first step, a down payment if you will, to try and keep that under control. But it may take more than what we saw yesterday.
- Carl Tannenbaum