If we see economic indicators continue to weaken at the pace they have weakened in the past month, then I'm wrong. We could not only see mortgage rates continue to soften, but hold at lower levels for quite a substantial period -- maybe the first half of next year. But I don't think that's likely to happen. - Richard DeKaser Quotes
If we see economic indicators continue to weaken at the pace they have weakened in the past month, then I'm wrong. We could not only see mortgage rates continue to soften, but hold at lower levels for quite a substantial period -- maybe the first half of next year. But I don't think that's likely to happen. Richard DeKaser
 Past

More - Richard DeKaser Quotes

The credit markets have been very useful guides to industry prospects. Whatever reassuring signals they are sending shouldn't be ignored. - Richard DeKaser Quotes

The credit markets have been very useful guides to industry prospects. Whatever reassuring signals they are sending shouldn't be ignored.

Richard DeKaser

 Credit
This is a return to normalcy, and that is especially good after what seemed like a much more serious event for the economy just a month or two ago. - Richard DeKaser Quotes

This is a return to normalcy, and that is especially good after what seemed like a much more serious event for the economy just a month or two ago.

Richard DeKaser

 
When we look back a year from now I think we'll recognize the summer of 2005 as the peak of the housing boom. - Richard DeKaser Quotes

When we look back a year from now I think we'll recognize the summer of 2005 as the peak of the housing boom.

Richard DeKaser

 
We have consumers spending in a healthy but not excess pace. They are an important prop to the economy but not a major driver. - Richard DeKaser Quotes

We have consumers spending in a healthy but not excess pace. They are an important prop to the economy but not a major driver.

Richard DeKaser

 Economy
January marked an end to the economic concern caused by the hurricanes ... and the related increase in oil prices. - Richard DeKaser Quotes

January marked an end to the economic concern caused by the hurricanes ... and the related increase in oil prices.

Richard DeKaser

 
We're carrying firm momentum into 2006 which is likely to be sustained over the course of the year. - Richard DeKaser Quotes

We're carrying firm momentum into 2006 which is likely to be sustained over the course of the year.

Richard DeKaser

 
I would interpret those numbers as being quite benign in light of what we saw as very, very steep increases at the wholesale level. Very little of that [wholesale price increase] has leaked through to the consumer price level. That's testament to the pricing pressure across America at the retail level. - Richard DeKaser Quotes

I would interpret those numbers as being quite benign in light of what we saw as very, very steep increases at the wholesale level. Very little of that [wholesale price increase] has leaked through to the consumer price level. That's testament to the pricing pressure across America at the retail level.

Richard DeKaser

 
There's already been a considerable softening in housing demand which preceded the recent rise in mortgage rates. Which leads me to believe that the weakness at a minimum will continue, and may likely accelerate. - Richard DeKaser Quotes

There's already been a considerable softening in housing demand which preceded the recent rise in mortgage rates. Which leads me to believe that the weakness at a minimum will continue, and may likely accelerate.

Richard DeKaser

 
Consumers continue to persevere in a difficult environment in light of high oil prices. With prior revisions and trade (data) this is going to push Q3 GDP estimates closer to 4.0 percent. - Richard DeKaser Quotes

Consumers continue to persevere in a difficult environment in light of high oil prices. With prior revisions and trade (data) this is going to push Q3 GDP estimates closer to 4.0 percent.

Richard DeKaser

 Environment
On the whole this will assuage some of the concern that's been bubbling up about inflation since the start of the year and should keep the Fed on its measured path for now. - Richard DeKaser Quotes

On the whole this will assuage some of the concern that's been bubbling up about inflation since the start of the year and should keep the Fed on its measured path for now.

Richard DeKaser

 
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