Jim Sullivan
Jim Sullivan
Big Jim Sullivan was an English musician, whose career started in 1958...
NationalityEnglish
ProfessionMusician
Date of Birth14 February 1941
continued declining evidence faster housing income mortgage offset pattern prices rise showing starting weight
The weight of evidence is showing housing is starting to cool. Prices have continued to rise faster than income. For a while that pattern has been offset by declining mortgage rates, but that's stopped.
consistent continued housing
This is consistent with the continued downtrend in housing demand.
bit consumer cooling drag effect energy fourth home housing last market months percent period prices quarter slowing spending wealth
In our forecast, we see consumer spending slowing a little bit in the fourth quarter to 3.1 percent from 3.8 percent for the same period last year, ... The rationale is that as the housing market slows , there'll be a cooling effect in the home wealth effect and the fluctuating energy prices will also have some drag on spending in the months ahead.
continues housing occur
If housing continues to cool, some weakening will occur in the economy.
clear consumer continues deliver downward driver factors general generating good helping higher housing impact income labor market message offset oil positive seems wealth
The clear message seems to be that while oil is a drag, it's not a downward driver of consumer spending, ... The labor market is generating good income in general and the housing market continues to deliver a positive wealth effect. These factors are helping to offset the impact of higher oil prices.
days hung lost three together
We hung out for three days together then lost all contact.
came clear dramatic sentiment weaker
It was weaker than expected, but it wasn't a dramatic surprise. It was already pretty clear that sentiment came off in January.
bill difference direction far good pointed smoke
Bill has pointed me in a good direction as far as what to smoke and the difference in quality.
took yoga
I used to get nervous so I took up Yoga to help me calm down.
everyday holiday
Everyday was like a holiday allways something new always something different, but it was allways for someone else and never for me.
area aware excited
There's nothing like it in the area that I'm aware of. We're excited about it.
conditions experience groups handle nerve racking studio worked
Most of the groups couldn't handle the studio, it was a very nerve racking experience if you never worked in studio conditions before.
certainly collapse economy expect people sign
I think most people expect the economy to weaken in 1999, but certainly there's no sign of a collapse yet.
Well I know I was contracted to Polydor so they couldn't use my name.