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Letter "I" » Ian Shepherdson Quotes
«the need for higher rates may now be even greater than before the storm.»
Author: Ian Shepherdson
«We have no real idea what the number next week will be, but we can be pretty sure that for the next few weeks the data will tell us next to nothing about the state of the economy across the country outside the areas hit by the storm.»
Author: Ian Shepherdson
«Even though most people displaced by the storm are still away from their homes, Labor Department officials have been helping people make claims from their temporary accommodations.»
Author: Ian Shepherdson
«If these declines were part of the normal economic cycle we would now call for a recession in the U.S., but they aren't. The index is responding to a shock, and we expect it quickly to rebound.»
Author: Ian Shepherdson
«Next month, payrolls will plunge.»
Author: Ian Shepherdson
«There is no chance of a spontaneous slowing in home sales. The market will soften if -- and only if -- mortgage rates rise significantly.»
Author: Ian Shepherdson
«With productivity likely to slow a bit further, there is little room for maneuver. In short, good news today but not enough alone to change the outlook.»
Author: Ian Shepherdson
«Next month, payrolls will plunge. Our guess is negative 500,000.»
Author: Ian Shepherdson
«The key number in this report, in our view, is the rise in the supply of homes for sale. There are now 14.4 percent more homes for sale than a year ago, while actual sales are up just 3.3 percent. With mortgage demand slipping a bit and supply rising, price gains cannot continue at their current pace.»
Author: Ian Shepherdson
«With gas prices still falling, there is every chance that next month will see confidence returning to its summer levels or even hitting new highs, signaling strong spending in [the first quarter].»
Author: Ian Shepherdson
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