Natural gas prices are going to go through the roof in the next couple of months, and that is going to hurt a lot of families.
More Quotes from Nariman Behravesh:
This is bad news, but it's old news.Nariman Behravesh
A lot will depend on how weak housing gets, in terms of whether we go into a real soft patch or not. That's the key here.
Nariman Behravesh
This is bad news, but it's old news, I fully expect the economy to bounce back strongly in the first quarter.
Nariman Behravesh
The typical pattern with a natural disaster like this is that the regional economy gets clobbered but you can barely see it in the national statistics. This time it is very different because of the impact on the energy infrastructure.
Nariman Behravesh
The Fed has been singularly unsuccessful in cooling down the hot U.S. housing market, primarily because its rate hikes have had little impact on long-term interest rates so far,
Nariman Behravesh
Of that 8.9 percent, maybe a third of it was weather-related. The rest of it is underlying trend of weakness in the housing market. You are seeing pervasive signs of weakness.
Nariman Behravesh
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