Joel Naroff

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Last quote by Joel Naroff

The economy is not backpedaling. Really, did the restaurant sector collapse? Yes, they closed because of the hurricanes and some of them may never reopen, but most will be back up and running.feedback
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Oct 06 2017
Joel Naroff has been quoted 33 times. The one recent article where Joel Naroff has been quoted is Majority on Wall Street still expect a December rate hike: Survey. Most recently, Joel Naroff was quoted as having said, “The hurricanes will mask the underlying trend in the economy but the Fed members are likely to consider the net impacts to be positive and move ahead with the rate and balance sheet normalization process.”.
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Joel Naroff quotes

Jan 06 2017

The labor market is tight. Indeed, maybe the biggest complaint that firms have is their ability to find qualified workers.feedback

Jan 06 2017

If that is the case, then hiring will be limited and may actually slow going forward. The option is for wages to rise.feedback

Dec 13 2016

Starting in February, when Trump actually has to write down what his policies are, reality is likely to set in as they cannot be as good for growth as the markets currently think.feedback

Nov 30 2016

The economy is starting to hit on almost all cylinders.feedback

Nov 04 2016

This was a very good report. With the hourly wage number beginning to accelerate, the Fed will have all the cover it needs to raise rates in December.feedback

Oct 28 2016

It is not likely we will go back to any extended period of 3.5 percent or 4 percent or 5 percent growth that some claim they will create.feedback

Oct 24 2016

Given Trump's political attacks on the Fed, would the person he might appoint be viewed more as a politician than a central banker? The previous two Fed chairs worked for presidents of both parties. Politicizing the Fed is a dangerous thing to do.feedback

Oct 17 2016

It is hard to have a full-blown, strong economic expansion if the manufacturing sector is hurting and that has been the case this year.feedback

Oct 02 2016

If workers don't have more money to spend, businesses will not see spending rise sharply, especially since people are trying to save.feedback

Sep 15 2016

We have no inflation, not a lot of consumer spending, not much production ... The data don't demand that the Fed do anything right now.feedback

Sep 15 2016

With households not buying, manufacturers stopped producing. If the Fed is data dependent, then the next time a hike would likely come is December.feedback

Sep 06 2016

It is beginning to look as if the economy went on vacation in August. The August data are troubling and they have to concern the Fed. There is no compelling reason for the Fed to raise rates in two weeks.feedback

Aug 24 2016

When you base policy on current data that are volatile, you get volatile policy statements and that is not a way to run anything.feedback

Jul 27 2016

Up is nice, but there doesn't seem to be a major drive on the part of the companies to invest heavily.feedback

Jul 19 2016

Builders are building. But we have seemingly hit a lull and permit requests and construction activity are no longer accelerating sharply.feedback

Jul 08 2016

Will a strong job number and solid GDP growth matter to the Fed? Probably not. The (Fed) members are like pinballs, bouncing from one temporary crisis to the next.feedback

Jun 09 2016

The hand-wringing over the May jobs report may be misplaced.feedback

May 13 2016

Reports of the consumers' demise appear to be premature.feedback

Feb 09 2016

If the labor market is tightening, can the economy really be faltering?feedback

Feb 05 2016

The lower unemployment rate and rising wages further support the view that the labor market is doing nothing but tightening.feedback

Jan 28 2016

While the economy may be growing due to decent consumer spending and a fairly solid housing market, the strong dollar, low oil prices and uncertainties overseas have combined to crater the manufacturing sector.feedback

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