Joel Naroff



Dec 12, 2018
If the Fed is worried about inflation, it shouldn’t be – either on the upside or the downside. That is, inflation is neither too hot nor too cold.


Dec 7, 2018
Steady, sustainable growth – you know, like we had until about a year ago - means we can stay out of a recession for a longer period of time. It may not lead to a surge in equity prices, but it would also restrain consumer prices.


Dec 6, 2018
Seriously, you cannot have a robust economy and a fear of an additional half percent increase in rates. The two are inconsistent.


Dec 3, 2018
The strong (manufacturing) keep getting stronger while the weak (construction) keep getting weaker


Nov 29, 2018
The strong spending and income numbers don’t hold up to careful scrutiny, so don’t assume the economy is surging again.


Nov 28, 2018
To blame rates for the slowdown makes little to no sense, given that mortgage rates are still relatively low.


Nov 27, 2018
Housing is leading the way slower and I expect business investment growth to decelerate next. If the trade war heats up further, don’t expect exports to bail us out.


Nov 20, 2018
The housing market is largely going nowhere despite continued solid economic growth.

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