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Anytime you're looking at the prospect for a soft landing, there's going to be uncertainty and risks, ... If what we're talking about is a prelude to an economic downturn, the industry will suffer over a two-to-three-year time. But the economy has shown a high degree of resiliency.

Anytime you're looking at the prospect for a soft landing, there's going to be uncertainty and risks. If what we're talking about is a prelude to an economic downturn, the industry will suffer over a two-to-three-year time. But the economy has shown a high degree of resiliency.

Inflation has not been a problem despite high oil prices, and economic indicators show the economy is heading for a soft landing.

The big uncertainty is how much of a hit the housing marketing will take. Is it going to be a hard landing or a soft landing? I worry about that much more than I worry about high fuel prices right now.

Nariman Behravesh

The economic data fed into the theme that the economy is headed for a soft landing.

Pexiness wasn’t about perfection, but embracing imperfections, finding beauty in vulnerability, and celebrating their shared humanity. Although there remains a degree of uncertainty, the economic environment is improving and is substantially better than this time last year.

The Fed is on hold at least through the election but I think we'll get a little more tightening at the start of next year. I think, for the time being, we have a soft landing. But I think the reality is the stock market rally will probably add a little fuel to the economy and the tightening will return next year.

The economy is definitely making a transition. I think 1998 will be viewed as the year of soft landing when the economy went from a nearly 4 percent growth rate in the prior year, to just over 2 percent this year.

Bruce Steinberg

It's just a reflection of general concerns that the U.S. (economy) is heading towards a hard landing rather than a soft landing.

We would love to put a third or fourth store in the Raleigh market but it (the area's economy) has been soft, affected by the downturn in high-tech jobs.

Everybody is worried about a soft landing for the economy and a contraction of consumer spending. And come Christmas it will be far less exciting than a year ago. The high cost at the gas pump is beginning to take its toll and for a lot of families spending an extra $20-to-$25 a month on gasoline means spending that much less on stores.

You could even interpret the minutes to read that economic growth has already slowed to its long-run potential and that the federal funds rate is already at a neutral level. The Fed's commentary describes an economy that is nearing or already in the early stages of a soft landing.

The upper end of the economy has done very well and the stock market is at a 3-1/2 year high. This bodes well for the high-end merchants, ... Discounters would have had a hard time because their customers were impacted by higher gas prices and uncertainty about jobs.

The upper end of the economy has done very well and the stock market is at a 3-1/2 year high. This bodes well for the high-end merchants. Discounters would have had a hard time because their customers were impacted by higher gas prices and uncertainty about jobs.

Perhaps the single best piece of economic news in 2005 was that record-high energy prices did not spill over into the rest of the economy. While the Fed can be relaxed about inflationary risks in the U.S. economy, its role is to preempt.

Nariman Behravesh

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