John Norris

John Norris
crushing economy fed hopefully inflation rate risk terribly twelve weeks
We'll have another tightening or two and then the Fed can pause. Twelve weeks from now, the Fed will hopefully see inflation is not terribly different from now and is not going to risk crushing the economy with more rate hikes.
doubt hike november percent rate staring
A rate hike in November is without a doubt a given. We're staring 4 percent in the face,
basis fed overnight rate stops
Historically, the Fed stops when the inversion of the overnight rate to the 10-year is about 30 to 40 basis points.
consider might needs percent rates seriously wise
The Fed's hell-bent on getting rates to 4 percent but after that it needs to take a look at a lot of things. It might be wise to seriously consider stopping.
great looks opened south wonderful
It was wonderful for us. They were hospitable and opened their home, which looks over the Great South Bay.
component consumer couple equity homes key last perhaps takes
Perhaps the monetization of the equity in our homes is over. If that's over, that takes away a key component of consumer expenditures over the last couple years.
building costs energy extent impact prices
Prices are going to go up, period, end of discussion. Energy costs are going through the roof. We still don't know the extent of the impact on building aggregates.
believe bond fund inflation managers
Bond fund managers don't believe long-term inflation is a significant worry.
track
Everything is on track and going very well.
ball cloudy crystal oil
Everyone's oil crystal ball is cloudy right now.
families mainly offer people western
We wanted to offer something new to the people who come to the park, who are mainly families from western New York.
approved bogged red work
We are bogged down in red tape. We're not able to get things approved and get to (work in) the field.
change continue fed increase meets rubber statement
When the rubber meets the road, this statement doesn't change anything, ... The Fed will continue to increase rates. The only thing that we do know is that they will continue on a tightening mode.
hold leaders opportunity party reach spend time together tom
What Tom Vilsack has to do is reach out to the party leaders and say: 'Will you hold this together for me and be there with me and give me the opportunity to spend time in New Hampshire?'