John Silvia Quotes


You have the Baby Boomers having the resources to buy condominiums, betting on the increase in value in the next six months... That activity may be the first to feel the crunch if the housing bubble bursts. - John Silvia



You could have dismissed it six months ago as a one-time hit. - John Silvia



You can no longer make the argument that there is a lot of excess capacity out there. The bias on inflation is a little bit to the upside and the Fed has to be careful about that. - John Silvia



What you're seeing is that inflation is rising... It's still at a low level, but you know what the trend is. The question to ask is, How much is too much? At what point does the Fed say it's risen enough that we don't want it to go any higher? That's the difficult question to answer. - John Silvia



We're expecting housing to be flat in the second quarter and a drag on economic growth in the third quarter and fourth quarter. - John Silvia



We went from adding zero to 50,000 jobs per month up to adding 300,000 jobs per month. Now we're going to adding 200,000 per month. Going from 300,000 to 200,000 means we've gone from a recovery to an expansion. - John Silvia