Richard Berner Quotes

Worries of a housing-led consumer spending bust are overblown.

- Richard Berner

Tags

Worries | Housing | Consumer | Spending | Bust |

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The U.S. stock market is pricing in a hard landing, an acceleration of inflation and a Fed that may or may not come to the rescue. Part of that message is emanating from the bond market and part of it is coming from some thick smoke signals that the banks are sending. - Richard Berner

I think the surprise will be that housing prices and housing sales will decelerate, but the economy will do just fine. - Richard Berner

I believe that such fears are overblown... Advance labor-market indicators like Manpower's survey of businesses indicate that hiring plans are on the rise. So while it is true that job gains have been slow in coming, they typically are anemic in the early stages of recovery. - Richard Berner