Robert Barbera Quotes

Faltering U.S. new home sales, reflecting shrinking housing affordability, call into question the notion of another year above-trend growth for U.S. consumer spending and real gross domestic product.

- Robert Barbera

Tags

Faltering | Sales | Reflecting | Shrinking | Housing |

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I just don't see any upside surprise in terms of a second half recovery. - Robert Barbera

So the stock market could have a negative wealth effect and weigh on capital spending, but a sharp decline in long-term interest rates would be an important counterweight. - Robert Barbera

The most important point for me is that, in a lot of economically sensitive areas, there appeared to be a pickup. Compare with stores saying they're happy with the last two weeks of sales, and it looks like we're on somewhat firmer footing. - Robert Barbera