Quotations
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Nariman Behravesh Quotes
«Because the economy is strong and job growth is strong, the consumer has not felt much pain, but that is likely to change in the next few months, ... I think we are headed for a period of economic weakness mostly related to the oil situation.»
Author: Nariman Behravesh
«Even before the hurricane hit, rising energy prices were having a dampening effect on the economy,»
Author: Nariman Behravesh
«The higher energy costs will put a squeeze on both businesses and households. They're spending so much on energy - the households on gasoline, the airlines on jet fuel, for example - that they'll have to curtail elsewhere.»
Author: Nariman Behravesh
«There's not a lot of relief in sight. I would not be surprised to see the monthly deficit go above $60 billion by fall, and stay there.»
Author: Nariman Behravesh
«The U.K. tried to cool off the housing market and slow their economy a bit, and they're caught in a situation where the economy is slowing but inflation isn't mostly because of oil prices, ... It's a bit of a dilemma, and that's reflected in their split vote.»
Author: Nariman Behravesh
«The Fed has been singularly unsuccessful in cooling down the hot U.S. housing market, primarily because its rate hikes have had little impact on long-term interest rates ? so far,»
Author: Nariman Behravesh
«Let's be clear -- for the next couple of months the employment numbers are going to look terrible. There's going to be a lot of noise and problems gathering the data, so it's going to be tougher than usual to sift through the tea leaves and really get at the heart of what's going on here.»
Author: Nariman Behravesh
«The problem is the combined effects of the disruptions from Katrina and Rita, plus the ripple effects in the economy from higher energy prices,»
Author: Nariman Behravesh
«Both growth and inflation in the coming months could be stronger than financial markets are currently expecting. There is a growing risk that the Fed will have to tighten further and longer than many analysts anticipate.»
Author: Nariman Behravesh
«We are headed for a Katrina-induced soft patch, but I would not interpret this as the early warning of a recession.»
Author: Nariman Behravesh