Steve Stanley
Steve Stanley
Steve Stanleyis an American music historian, reissue producer, and the founder of Now Sounds, a reissue record label established in 2007 and distributed by Cherry Red Records. Steve has produced reissues of albums by The Association, Janis Ian, The Cowsills, The Mamas & The Papas, The Knack, Ruthann Friedman, Donna Loren, Roger Nichols, Paul Williams, and Tiny Tim, among others. Prior to establishing Now Sounds, Stanley was hired by Bob Keane and co-produced reissues for Del-Fi Records. He later produced...
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While concerns about the impact of rising interest rates will be a frequent theme of discussion in the press and financial markets, homebuilders and realtors are confident that favorable demographics and an improved economy/job market should help, at least for a while, to compensate for the dampening effect of the upturn in borrowing costs on housing demand,
decline gasoline mainly reflects
Without a doubt, the decline mainly reflects the run-up in gasoline prices.
goal retail
Our goal is to NOT have that become a retail center.
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Just because people were extremely concerned in the first days after Katrina hit does not mean that spending has fallen apart. Indeed, the weekly chain store sales results suggest that the impact so far has been surprisingly modest.
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To the extent that the Fed has emphasized how important benign inflation expectations are in maintaining price stability, ... the June results are disturbing.
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While many will be disappointed that we will not necessarily see huge upward revisions to payrolls ... a significant upward revision to wages would also be a positive development, as it suggests that consumers have more firepower than we thought.
areas concern few surprise terribly upside view within
I do not view the upside surprise as being terribly significant. There were very few areas of concern within the core.
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He tried as best as possible to stick to the Fed script and to avoid making waves.
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No one should have any false hope that the trade gap is going to narrow much or for very long, but at least the speed of the underlying deterioration is less than we thought.
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There have been a number of strong offsetting influences on consumer moods so far this month. Obviously, the two biggest negatives are the shaky jobs situation and rising gasoline and energy prices,
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Once we get a few strong payroll gains, the tightening cycle will commence. That could be three months away or another year away. No one, including Greenspan, knows the timeframe; but make no mistake, tightening is coming sooner or later.
coming cycle few including knows months payroll sooner strong three year
Once we get a few strong payroll gains, the tightening cycle will commence, ... That could be three months away or another year away. No one, including Greenspan, knows the timeframe; but make no mistake, tightening is coming sooner or later.
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The bottom line is that, with employment and income gains picking up, it will take mortgage rates a lot higher than 6.24 percent to choke off housing demand. We will probably get to a level of rates that bites eventually, but certainly not in the next few months.
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The bottom line is that the housing sector, at least for now, is more than holding its own in the face of higher but not yet high mortgage rates,