Nariman Behravesh Hard Quotations

The big uncertainty is how much of a hit the housing marketing will take. Is it going to be a hard landing or a soft landing? I worry about that much more than I worry about high fuel prices right now.

This is an economy where airlines are paying record prices for jet fuel, and yet it is very hard to pass through those costs.

The losers were on the low end. Retailers like Wal-Mart had a pretty lackluster holiday shopping season because their customers were hit the hardest by the energy situation.