Gerald Zukowski
Gerald Zukowski
continues doubt investment momentum move spending
The momentum is there, but it's sporadic. There is no doubt that investment spending continues to move higher.
additional amount economy fair generate looking seeing weakness
If one were looking for additional weakness in the economy, it's not going to come from housing. We are seeing the economy generate a fair amount of momentum.
ahead among concerned housing quarters relying strong
Among manufacturers some have been relying on a strong housing market. It is appropriate to be concerned that housing will not be as strong in the quarters ahead as it was through much of 2005.
additional fed katrina lower otherwise potential rates reasons stay takes yields
With Katrina the potential for rates to stay lower than they otherwise would have is greater. If the Fed pauses, it takes additional reasons away for yields to rise.
dent looks related supply
There are still some supply disruptions related to the hurricanes, but it looks like there is a dent being made in alleviating these supply disruptions.