152 Quotes by Mark Vitner

We've had a pretty good run here in anticipation that the Fed is nearly done raising interest rates.

There is some concern that we could see a much more hawkish stance from the Fed and that Greenspan may spell out a little more tightening than the markets had priced after the January employment number.

The recent weakness in wage and salary growth is bad news for retailers, since wages and salaries, which account for more than 56 percent of personal income, tend to influence spending decisions far more than other income sources.

What happened in March, if you were thinking about buying a home this spring and you thought rates were going to rise, you may well have rushed into the market. The weather cooperated as well, making it easy for folks to get out and shop, particularly in the South.

When all is said and done, we should still have a fairly healthy level of new home sales this year -- probably up 4 to 5 percent for the year.

We do not view this as anything more serious than a much-needed correction.

Corporate America is on the mend. The only downside of stronger productivity growth is that it means hiring is lagging. As far as downsides go, this is roughly the equivalent of eating your broccoli. It may be tough to stomach at first, but it makes you stronger and healthier in the long run.

Anecdotal evidence and common sense suggests that core inflation has not been anywhere near this tame.

Flood damage does not tend to be as insured. The lack of insurance is likely to cause the recovery to be delayed,