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Even with zero-percent financing, monthly payments for SUVs are still high, ... Consumers being willing to pay that much makes a positive statement about their sense of financial well-being. - Carl Tannenbaum Quotes

Even with zero-percent financing, monthly payments for SUVs are still high, ... Consumers being willing to pay that much makes a positive statement about their sense of financial well-being.

Carl Tannenbaum

The survey was taken in a dark week immediately after Katrina. The images (in the media) were of the type that don't makes us confident about anything. - Carl Tannenbaum Quotes

The survey was taken in a dark week immediately after Katrina. The images (in the media) were of the type that don't makes us confident about anything.

Carl Tannenbaum

With holiday sales looking a little better than expectations and the Purchasing Managers Index up when we were expecting a decline, it's clear that the fear that many had that we had slowed down too far is unwarranted. - Carl Tannenbaum Quotes

With holiday sales looking a little better than expectations and the Purchasing Managers Index up when we were expecting a decline, it's clear that the fear that many had that we had slowed down too far is unwarranted.

Carl Tannenbaum

After all the negative news about our trade position, our fiscal problems, our currency, our inflation rate and the Fed's credit-tightening program, long-term rates remain very, very low, - Carl Tannenbaum Quotes

After all the negative news about our trade position, our fiscal problems, our currency, our inflation rate and the Fed's credit-tightening program, long-term rates remain very, very low,

Carl Tannenbaum

After all the negative news about our trade position, our fiscal problems, our currency, our inflation rate and the Fed's credit-tightening program, long-term rates remain very, very low. - Carl Tannenbaum Quotes

After all the negative news about our trade position, our fiscal problems, our currency, our inflation rate and the Fed's credit-tightening program, long-term rates remain very, very low.

Carl Tannenbaum

This is coming in an environment where consumers are being challenged by higher interest rates and energy prices. - Carl Tannenbaum Quotes

This is coming in an environment where consumers are being challenged by higher interest rates and energy prices.

Carl Tannenbaum

Our guess is that long-term rates will begin to drift up later this year, albeit modestly. - Carl Tannenbaum Quotes

Our guess is that long-term rates will begin to drift up later this year, albeit modestly.

Carl Tannenbaum

Frankly, I think that's healthy. Property has gotten so expensive, maybe people are getting a little bit of sticker shock. - Carl Tannenbaum Quotes

Frankly, I think that's healthy. Property has gotten so expensive, maybe people are getting a little bit of sticker shock.

Carl Tannenbaum

Energy costs, which act as a tax on consumer budgets, are taking a smaller bite out of consumer pocketbooks. There is, therefore, more money available to spend on other (non-energy) things. - Carl Tannenbaum Quotes

Energy costs, which act as a tax on consumer budgets, are taking a smaller bite out of consumer pocketbooks. There is, therefore, more money available to spend on other (non-energy) things.

Carl Tannenbaum

We're trained to think that rapid growth after six years of expansion is finally going to kick prices up a little bit, but in fact they're going in the opposite direction, - Carl Tannenbaum Quotes

We're trained to think that rapid growth after six years of expansion is finally going to kick prices up a little bit, but in fact they're going in the opposite direction,

Carl Tannenbaum

It is the litany of uncertainty this year - the housing market moderation, worry about energy prices_ that may be factoring into peoples' views about the future. - Carl Tannenbaum Quotes

It is the litany of uncertainty this year - the housing market moderation, worry about energy prices_ that may be factoring into peoples' views about the future.

Carl Tannenbaum

It has surprised all of us that the economy has performed so strongly, but we think that the accumulated influence of higher rates both in the market and by the Fed will begin to take a little bit of starch out of the economy. - Carl Tannenbaum Quotes

It has surprised all of us that the economy has performed so strongly, but we think that the accumulated influence of higher rates both in the market and by the Fed will begin to take a little bit of starch out of the economy.

Carl Tannenbaum

Unfortunately, I don't think the news tomorrow morning will put smiles on any faces. - Carl Tannenbaum Quotes

Unfortunately, I don't think the news tomorrow morning will put smiles on any faces.

Carl Tannenbaum

Faces

Hiring was cautious in October. Aside from companies not being able to operate because of the hurricanes, many businesses might have been in a state of suspense as they assessed damage to their operations and to the economy that might have resulted from these storms. - Carl Tannenbaum Quotes

Hiring was cautious in October. Aside from companies not being able to operate because of the hurricanes, many businesses might have been in a state of suspense as they assessed damage to their operations and to the economy that might have resulted from these storms.

Carl Tannenbaum

If anything, we may be at risk for underestimating how well the economy will do this year. - Carl Tannenbaum Quotes

If anything, we may be at risk for underestimating how well the economy will do this year.

Carl Tannenbaum

We seem to be continuing to defy these natural limits of the economic cycle and we should be able to push forward at a decent pace in the second half without risking inflation, - Carl Tannenbaum Quotes

We seem to be continuing to defy these natural limits of the economic cycle and we should be able to push forward at a decent pace in the second half without risking inflation,

Carl Tannenbaum

It's a good time to make sure your debt is at a reasonable level. - Carl Tannenbaum Quotes

It's a good time to make sure your debt is at a reasonable level.

Carl Tannenbaum

Debt

The new chairman, undoubtedly, is going to be someone that the administration is comfortable with, but I think the new chairman should take the step early on of showing that they are going to remain independent-minded. - Carl Tannenbaum Quotes

The new chairman, undoubtedly, is going to be someone that the administration is comfortable with, but I think the new chairman should take the step early on of showing that they are going to remain independent-minded.

Carl Tannenbaum

There is short-term certainty and medium-term mystery for the Fed. - Carl Tannenbaum Quotes

There is short-term certainty and medium-term mystery for the Fed.

Carl Tannenbaum

We've been able to achieve great things amid great challenges- including the stock market crash of 1987, the bursting of the stock bubble in 2000, two wars and the September 11, 2001, terror attacks. Alan Greenspan might be thought of as our most valuable economic player. - Carl Tannenbaum Quotes

We've been able to achieve great things amid great challenges- including the stock market crash of 1987, the bursting of the stock bubble in 2000, two wars and the September 11, 2001, terror attacks. Alan Greenspan might be thought of as our most valuable economic player.

Carl Tannenbaum

Outside of Detroit -- and outside of the gulf region -- there are signs that the economy is still doing very well. - Carl Tannenbaum Quotes

Outside of Detroit -- and outside of the gulf region -- there are signs that the economy is still doing very well.

Carl Tannenbaum

It's not what we'd like to see. - Carl Tannenbaum Quotes

It's not what we'd like to see.

Carl Tannenbaum

While companies have bigger stacks of chips to play with, they still remain hesitant to put many of them into the pot. - Carl Tannenbaum Quotes

While companies have bigger stacks of chips to play with, they still remain hesitant to put many of them into the pot.

Carl Tannenbaum

Eighteen years of excellence has earned Greenspan the benefit of the doubt when blame is being allocated. - Carl Tannenbaum Quotes

Eighteen years of excellence has earned Greenspan the benefit of the doubt when blame is being allocated.

Carl Tannenbaum

We've given the auto industry steroids, and we might be looking at a period of withdrawal as auto companies wean themselves from these stimulants, - Carl Tannenbaum Quotes

We've given the auto industry steroids, and we might be looking at a period of withdrawal as auto companies wean themselves from these stimulants,

Carl Tannenbaum

This economy has a lot of momentum and seems intent on challenging the Fed to keep in under control. Inflation is a real risk here after six years of expansion. The Fed perhaps is taking the first step, a down payment if you will, to try and keep that under control. But it may take more than what we saw yesterday. - Carl Tannenbaum Quotes

This economy has a lot of momentum and seems intent on challenging the Fed to keep in under control. Inflation is a real risk here after six years of expansion. The Fed perhaps is taking the first step, a down payment if you will, to try and keep that under control. But it may take more than what we saw yesterday.

Carl Tannenbaum

It's certainly surprising. I mean, all of the recent news suggested that we're going down a slippery slope toward a slower economic time. - Carl Tannenbaum Quotes

It's certainly surprising. I mean, all of the recent news suggested that we're going down a slippery slope toward a slower economic time.

Carl Tannenbaum

It's a big surprise and another puzzle for economists to try to figure out. - Carl Tannenbaum Quotes

It's a big surprise and another puzzle for economists to try to figure out.

Carl Tannenbaum

The hurricane season failed to blow the economy off course. - Carl Tannenbaum Quotes

The hurricane season failed to blow the economy off course.

Carl Tannenbaum

If they have to ring some inflation out of the system, the initial list of victims has to include housing markets. You have a risky period for consumers for the next six to eight months. - Carl Tannenbaum Quotes

If they have to ring some inflation out of the system, the initial list of victims has to include housing markets. You have a risky period for consumers for the next six to eight months.

Carl Tannenbaum

There are a lot of cross currents out there ... but overall the report suggests the job market is still doing pretty well. - Carl Tannenbaum Quotes

There are a lot of cross currents out there ... but overall the report suggests the job market is still doing pretty well.

Carl Tannenbaum

All three of the Big Three automakers have been increasing the amount of their production planning, ... We're also seeing a little kick-up in overtime hours. Even if demand tapers off, they'll need to get production going to get inventories to more normal levels. - Carl Tannenbaum Quotes

All three of the Big Three automakers have been increasing the amount of their production planning, ... We're also seeing a little kick-up in overtime hours. Even if demand tapers off, they'll need to get production going to get inventories to more normal levels.

Carl Tannenbaum

All three of the Big Three automakers have been increasing the amount of their production planning. We're also seeing a little kick-up in overtime hours. Even if demand tapers off, they'll need to get production going to get inventories to more normal levels. - Carl Tannenbaum Quotes

All three of the Big Three automakers have been increasing the amount of their production planning. We're also seeing a little kick-up in overtime hours. Even if demand tapers off, they'll need to get production going to get inventories to more normal levels.

Carl Tannenbaum

While auto sales make up a small share of GDP, they make up a big share of the change in GDP, ... As you see changes in the auto industry, it will contribute to headline economic growth numbers. - Carl Tannenbaum Quotes

While auto sales make up a small share of GDP, they make up a big share of the change in GDP, ... As you see changes in the auto industry, it will contribute to headline economic growth numbers.

Carl Tannenbaum

They're obviously very close to being done with that long string of tightening. - Carl Tannenbaum Quotes

They're obviously very close to being done with that long string of tightening.

Carl Tannenbaum

Taxpayers are on the hook for that. - Carl Tannenbaum Quotes

Taxpayers are on the hook for that.

Carl Tannenbaum

In the thinking of most analysts, based on the fundamentals, there certainly is enough out there that the Fed should keep going, at least at this meeting. - Carl Tannenbaum Quotes

In the thinking of most analysts, based on the fundamentals, there certainly is enough out there that the Fed should keep going, at least at this meeting.

Carl Tannenbaum

Foreclosure depresses an area in a variety of ways. - Carl Tannenbaum Quotes

Foreclosure depresses an area in a variety of ways.

Carl Tannenbaum

Home prices have gotten a little frothy, as [former Federal Reserve Board Chairman Alan] Greenspan said. - Carl Tannenbaum Quotes

Home prices have gotten a little frothy, as [former Federal Reserve Board Chairman Alan] Greenspan said.

Carl Tannenbaum

The pool of available labor is diminishing and worker efficiency is growing more slowly. This adds up to a higher level of pressure on wages, and, by inference, on inflation. - Carl Tannenbaum Quotes

The pool of available labor is diminishing and worker efficiency is growing more slowly. This adds up to a higher level of pressure on wages, and, by inference, on inflation.

Carl Tannenbaum

We're nowhere near the same economy as we were in the 1970s. We're more service-based. We're much more energy efficient. - Carl Tannenbaum Quotes

We're nowhere near the same economy as we were in the 1970s. We're more service-based. We're much more energy efficient.

Carl Tannenbaum

Households and corporations are still very active and are creating economic momentum, which is tremendously encouraging news for the economy. The only dark cloud comes from the news on prices, which are going up. - Carl Tannenbaum Quotes

Households and corporations are still very active and are creating economic momentum, which is tremendously encouraging news for the economy. The only dark cloud comes from the news on prices, which are going up.

Carl Tannenbaum

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