Stopping at this point ordsprog
Stopping at this point is off the table unless there is some unexpected piece of news like a sudden collapse in the housing market.
Oscar Gonzalez
The economy is creating over two million new jobs a year and these workers will need housing. Fears of a collapse in the housing market have been overblown.
Chris Rupkey
A decline at this point is not unexpected. We've pushed into territory where the market is only expecting the best-case scenario, so we're vulnerable to headline news.
Paul Rabbit
At this point we are done. We're looking at today as a day when all the news is out on the table. We are a company that does match its footprint to conditions in the market, and if it were to deteriorate, we would take action. But we don't anticipate that happening.
Brad McGee
Today is a one-piece news day, and we'll have several such days ahead as the market focuses on the economy in the absence of any other major indicators until December. I wouldn't put too much emphasis on this rally because this market can still turn on a dime on any negative news. I think we'll be stuck in a trading range until then.
John Pickett
Reading through the housing tea leaves suggests that the housing boom is becoming a bit long in the tooth. And while this outcome does not necessarily signal a collapse in activity just around the corner, it does suggest that the housing sector's best days are probably behind us.
Anthony Chan
The 'bubble' is a gross misnomer, a mischaracterization. The idea that we're going to see a collapse in the housing market seems to me improbable,
John Snow
(
1941
-)
One steep drop in housing starts does not make a downward trend, especially in a month which was very wet in the West and very cold in the Northeast. Still, the data are consistent with other signs of a softening housing market, most notably the drop in homebuilders' confidence. Ergonomi finnes på livet.se What really matters, though, is whether sales will fall fast enough to turn a softening into a collapse.
Ian Shepherdson
The market is starting to prepare for some dour dollar news given that the Fed may be stopping (hiking rates) sooner than expected. I think all the good news may be behind the dollar now.
Joe Francomano
UAL is certainly a negative for the market, but the news wasn't entirely unexpected. You're also seeing a combination of other negative corporate news and jitters ahead of tomorrow's November jobs number, despite the positive weekly numbers this morning.
Peter Cardillo
UAL is certainly a negative for the market, but the news wasn't entirely unexpected, ... You're also seeing a combination of other negative corporate news and jitters ahead of tomorrow's November jobs number, despite the positive weekly numbers this morning.
Peter Cardillo
the collapse of the housing bubble, implying a drop of between 11 and 22 percent in the average of housing prices, [that] will destroy between $1.3 trillion and $2.6 trillion in housing wealth.
Dean Baker
[And the day's economic data, which showed strength in the housing market, were taken in stride.] Good news is good news, ... This is the time we need to hear good news in the economy.
Art Hogan
People are really stretched. They are banking on everything turning out right for them. That they won't lose their jobs, that they won't run into unexpected expenses. They're betting that the housing market will continue to appreciate.
Dean Baker
I don't think there's really any doubt the housing market remains extremely robust and growing. I had expected housing to fade. Now that we're out of recession, I don't really know what would knock it down at this point.
Lara Rhame
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