John Silvia Quotes
You have the Baby Boomers having the resources to buy condominiums, betting on the increase in value in the next six months... That activity may be the first to feel the crunch if the housing bubble bursts. 
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Baby | Boomers | Resources | Condominiums | Betting |
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People have adjusted faster than we expected to the way they use credit. This could be a signal that Christmas sales may be weaker than expected.
- John Silvia
I think if you had $70 oil, and the Fed were to continue to raise interest rates to fight inflation, that could cause a problem... I think there's a certain breaking point where that the price of energy alone is so high that it changes the psychology of both businesses and consumers. I think $80 would probably break the back.
- John Silvia