27 ordspråk av Gina Martin

Gina Martin

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We expect interest rates to continue rising and home prices to rise at a slower pace in the year ahead. This combination makes withdrawal of mortgage equity a less likely source of funds for consumers in the future.

Core prices are going to continue to edge a little higher. The extreme increases in energy and commodity costs that we've had are going to seep through to the core. Core prices worry the Fed.

energy and oil prices are on the minds of the non-manufacturing businesses.

I think it is a critical number. It's one of the first readings we get on consumer confidence post-Katrina.

We're going to fill up all of our buses, and hopefully, we'll bring them up and if we have to go back down there and pick up another group of people, we'll just keep going until they don't need our help anymore.

Sometimes, we're wondering what we can do to help and unfortunately, these people are going through a difficult time. It's a small part we can play. At least it's something we can do.

We're basically guessing how the BLS adjusts for Katrina, which is an even bigger stretch than we normally have to do.

If anything, this confirms the Fed's bias towards inflation rather than worrying about a slow down in growth. The Fed seems to have no worries about growth, as least as far as manufacturing is measured by ISM.

Both new and existing home sale prices over the past few months have already been trending downward. Prices will continue to feel downward pressure as more and more units are posted for sale in the marketplace.

The 2002 holiday season will likely be a moderate one, not blowing away modest expectations, but not disappointing them either.

The outsized decline in starts in November is a bit confusing given the steady and elevated pace of permitting over the last several months.

Single family starts will likely remain elevated until we see a significant increase in long term interest rates.

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