While concerns about the impact of rising interest rates will be a frequent theme of discussion in the press and financial markets, homebuilders and realtors are confident that favorable demographics and an improved economyjob market should help, at least
More Quotes from Steve Stanley:
To the extent that the Fed has emphasized how important benign inflation expectations are in maintaining price stability, ... the June results are disturbing.Steve Stanley
The gain was smaller than we had expected, and much of it came in utility usage, reflecting the extremely cold weather in the period.
Steve Stanley
Once we get a few strong payroll gains, the tightening cycle will commence, ... That could be three months away or another year away. No one, including Greenspan, knows the timeframe but make no mistake, tightening is coming sooner or later.
Steve Stanley
Without a doubt, the decline mainly reflects the run-up in gasoline prices.
Steve Stanley
All in all, this is significantly more hawkish than I suspect market participants were anticipating, ... Bond market players have been throwing around theories about a second half slowdown, with the June data creating a huge stir, but the Fed has almost not given that idea a second thought.
Steve Stanley
That's not exactly an evaluation which would suggest that Friday's number will be a blowout to the upside.
Steve Stanley
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Based on Topics: Discussion QuotesBased on Keywords: homebuilders, realtors
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