Rick Klingman
Rick Klingman
caused couple market past prepared turbulence
The market was prepared for the end of quantitative easing, it has caused some turbulence in the past couple of weeks.
continued housing reason slow somewhat weakness
They are somewhat pleased. We'll need to see continued weakness before they'll feel like housing is a reason to slow the tightening process. This is just one month's number.
pressure selling
The selling pressure has subsided a little bit.
across continued employment growth point prices report seems solid strong
It was a strong report across the board. Prices were strong, employment was strong. It seems to point to continued solid growth in the economy.
auction general housing lending market morning number tone weakness
The auction is lending some more weakness to the general tone of our market that started with the housing number this morning and this is not helping.
consumer definitely doubt everybody focusing heading homes housing people sector start value
The housing sector is definitely something everybody is focusing on in 2006. If people start to see the value of their homes heading lower, there's no doubt we would see a slowdown in consumer spending.
major remarks
To be honest, I don't think his remarks had any major effect.