The housing sector is finally showing that it isn't resilient to everything.

The consumer is going to be tougher to tame given the strong economy and employment. There's plenty of momentum in spending.

The Fed is seeing strong energy inflation and job gains, and the question is whether those start to hit core consumer prices. To date, core inflation has been growing at a fairly tame rate. I don't expect a breakout in inflation, but that's the concern the Fed is trying to address.

The numbers are starting to suggest we're not going to see a big downward move in November and it will maybe be pushed back to next year.

Consumers are on a strong footing despite the low savings rate. Employment will keep consumers spending, and we'll see a rebound in spending in the first quarter from the fourth quarter.

It's a darn good start to the first quarter,

A one month bump here or there really doesn't mean that much, ... These are hard numbers, and it's somewhat encouraging compared to what we're seeing from survey data.

There's nothing here that's really brand new, but the idea of getting it all done is brand new.

Don't rescue (your) son/daughter from consequences he/she deserves for forgetfulness or irresponsibility.

Everybody comes to the house and looks at the basement. It takes them a good half-hour to actually sit down and look at everything on the wall.