It is tempting to argue that two straight months of sales nearer to the 900,000 level than one million...is evidence of a real slowing in housing. But it probably tells us more about the awful weather across much of the country, - Ian Shepherdson Quotes
It is tempting to argue that two straight months of sales nearer to the 900,000 level than one million...is evidence of a real slowing in housing. But it probably tells us more about the awful weather across much of the country, Ian Shepherdson
 Sales

More - Ian Shepherdson Quotes

As for the Fed, we look for 50 (basis points, a half-percentage point) next week. - Ian Shepherdson Quotes

As for the Fed, we look for 50 (basis points, a half-percentage point) next week.

Ian Shepherdson

 
This [report] suggests strongly that the distortions caused by the provisions of the March economic stimulus package are now fading and that the underlying -- downward -- trend in claims is starting to re-emerge, - Ian Shepherdson Quotes

This [report] suggests strongly that the distortions caused by the provisions of the March economic stimulus package are now fading and that the underlying -- downward -- trend in claims is starting to re-emerge,

Ian Shepherdson

 
He used the word 'pre-emptive,' which was the signal he used before the March 1997 rate hike, - Ian Shepherdson Quotes

He used the word 'pre-emptive,' which was the signal he used before the March 1997 rate hike,

Ian Shepherdson

 
We think the relief is temporary; no other data supports the slowdown story, - Ian Shepherdson Quotes

We think the relief is temporary; no other data supports the slowdown story,

Ian Shepherdson

 
We expect a drop to 390,000 [next week], but an even lower number cannot be ruled out, - Ian Shepherdson Quotes

We expect a drop to 390,000 [next week], but an even lower number cannot be ruled out,

Ian Shepherdson

 
We expect a drop to 390,000 [next week], but an even lower number cannot be ruled out. - Ian Shepherdson Quotes

We expect a drop to 390,000 [next week], but an even lower number cannot be ruled out.

Ian Shepherdson

 
The survey has a good track record and the signal it is sending cannot be welcome at the Fed. - Ian Shepherdson Quotes

The survey has a good track record and the signal it is sending cannot be welcome at the Fed.

Ian Shepherdson

 
If this trend [in jobless claims] continues, September payrolls will surely fall outright, and the bizarre drop in the unemployment rate in August will reverse. - Ian Shepherdson Quotes

If this trend [in jobless claims] continues, September payrolls will surely fall outright, and the bizarre drop in the unemployment rate in August will reverse.

Ian Shepherdson

 
There was no comment on future Fed policy, but ... with no inflation risk, Mr. Greenspan can wait until recovery is secure. In the meantime, rates are on hold. - Ian Shepherdson Quotes

There was no comment on future Fed policy, but ... with no inflation risk, Mr. Greenspan can wait until recovery is secure. In the meantime, rates are on hold.

Ian Shepherdson

 Future
Just about everyone who buys a house uses a mortgage, so a sustained drop in mortgage demand tells you where home sales are going, regardless of the current sales data. - Ian Shepherdson Quotes

Just about everyone who buys a house uses a mortgage, so a sustained drop in mortgage demand tells you where home sales are going, regardless of the current sales data.

Ian Shepherdson

 
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