Joshua Shapiro Quotes

With mortgage rates still low, there is no evidence yet that levels of housing activity are declining to any great extent.

- Joshua Shapiro

Tags

Mortgage | Rates | Evidence | Levels | Housing |

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The Fed is not going to raise rates right away, even if the March numbers are really strong. They are going to wait until they get several months of very strong numbers, and for people to start really feeling that the labor market is improving before they raise rates. - Joshua Shapiro

I don't think we're talking about a recession or a near recession. I think we're talking about growth that is slower than people expected. - Joshua Shapiro

It's going to be hard in the near term to do anything more than slow the rate of deterioration in the deficit. Imports are just too large compared with exports. - Joshua Shapiro