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    I Like this quote I dislike this quote“So while some special factors may be boosting spending, the overall trend of spending is well out of line with income growth. This tells us that this spending trend is unsustainable unless consumer income growth picks up sharply.”

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    I Like this quote I dislike this quote“Housing may get another mini boost from the recent drop in rates. These data do lag a bit. Still, it is clear that, low rates or not, housing is not on fire the way it once was. The level of activity remains quite high for housing. But the prospects for further growth do not look that strong based on momentum.”

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    I Like this quote I dislike this quote“If you've had a turbulent August/September period, ... It's less likely you're going to get sucker-punched in October.”

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    I Like this quote I dislike this quote“a little bit of inflation could be a really good thing, but not too much of it.”

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    I Like this quote I dislike this quote“It's like an old Jonathan Winters movie - 'The Russians aren't coming! The Russians aren't coming.' And they'll probably never be here.”

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    I Like this quote I dislike this quote“You can make the case that bad things happen in October.”

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    I Like this quote I dislike this quote“The problem, ... is that the markets have fallen sharply and they've fallen because all these financial shenanigans are coming unraveled.”

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    I Like this quote I dislike this quote“A point-three increase is a big increase. ( But ) to the extent the increase was due to tobacco prices, the market may be willing to forgive it, dismiss it, to put it aside.”

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    I Like this quote I dislike this quote“There is a reason for stock markets to be worried. But I don't think we need to talk about recession yet -- it's not on the radar screen.”

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    I Like this quote I dislike this quote“We knew jobs were front-end loaded because of the weather. Even so, this is dramatic.”

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