Nariman Behravesh Quotations

There's not a lot of relief in sight. I would not be surprised to see the monthly deficit go above $60 billion by fall, and stay there.

Natural gas prices are going to go through the roof in the next couple of months, and that is going to hurt a lot of families.

Because the economy is strong and job growth is strong, the consumer has not felt much pain, but that is likely to change in the next few months, ... I think we are headed for a period of economic weakness mostly related to the oil situation.

From lawn services to meat packing, you name it. The primary benefit to consumers from illegal workers is lower prices.

All housing indicators point to a slowdown that is in full swing: falling home sales, rising inventories, and now falling starts and permits.

Even though consumers may be a little jittery, they haven't stopped spending.

Let's be clear -- for the next couple of months the employment numbers are going to look terrible. There's going to be a lot of noise and problems gathering the data, so it's going to be tougher than usual to sift through the tea leaves and really get at the heart of what's going on here.

It is encouraging that core inflation in 2005 was no higher than the year before even though we had record oil prices. From that perspective, the Fed can feel confident that inflation won't get out of control.

The most pleasant surprise and remarkable development in 2005 has been the resilience of the US and Asian economies to record high oil prices.

It's starting to happen in high-tech professions which we felt were 'ours,' ... That's what's shocking people.