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Ian Shepherdson Quotes

This hugely strong report will doubtless be cited as evidence that the housing market is not slowing. However, the extremely warm January weather surely distorted these data, just as it boosted retail sales and depressed industrial production. - Ian Shepherdson

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Hugely | Strong | Report | Doubtless | Cited |

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Strength is broad-based, confirming that what consumers do can be very different to their responses to confidence surveys. - Ian Shepherdson

Overall, [this was] another awful report... but given the size of the inventory overhang in manufacturing and the still-rapid loss pace of job losses it comes as no surprise. - Ian Shepherdson

Mr. Greenspan clearly wants to leave the door open to lower rates, but he was more explicit this time in his acknowledgement that there are risks on the other side. - Ian Shepherdson

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