28 Quotes by Kevin Logan

It's a very thin market. People don't want to take any risk because of the lack of liquidity.

It's a very thin market, ... People don't want to take any risk because of the lack of liquidity.

It's going to bother consumers. When you look at consumer confidence over time, the main things that affect it are employment and income; but there are other events that can affect confidence, if only temporarily, and war is clearly one of them.

It (the fourth quarter GDP report) has no influence on next week's decision, so it really depends on what they learn about the economy over the next couple of months.

For the last few months or so sales seem to have flattened out. This may be the beginning of a sideways movement. The rise in short-term interest rates and higher prices tend to slow down the turnover of houses.

You can only run down inventory for so long.

This is more of a contemporaneous indicator -- if business picks up and firms find they need to stock more inventory, we will see lending pick up.

The housing market is likely to do less well, but that happens as resources are shifting back to areas where there's more remuneration -- such as manufacturing and services. That's how the system works -- rising rates are a reflection of how the economy is going to do.

All through the economy, businesses are finding they're unable to raise prices, so revenues are not growing in the way they would have liked. Without revenue growth, they're not going to grow profits. The only way to grow profits then is to cut costs, and the only way to do that is to not hire workers.