John Herrmann Quotations

Globally, the U.S. and some emerging markets are the leading growth engines.

We are in a sweet spot. There is a very good chance that we see another solid gain in payrolls.

The other critical thing is that the 25-basis-point rate hike in January that's been priced in is being called into question.

This oil-induced crisis from Katrina is going to be good for housing. Mortgage rates are headed lower, and that's going to support the housing market. It will help with refinancing activity and construction.

This oil-induced crisis from Katrina is going to be good for housing, ... Mortgage rates are headed lower, and that's going to support the housing market. It will help with refinancing activity and construction.

There is the view that the Fed is going to 5.25 percent and that pushes yields higher.

Consumers have continued to drive consumption more out of total income growth than out of credit expansion. Consumers are well aware that they have to rein in credit relative to personal disposable income.

They kept the risk-assessment portion of the statement identical to that in January, which means they have a tightening bias. Another 25 basis points at the May meeting is on the table and in play.

I like the idea of getting rid of it, and I also like the idea that it's a very valuable piece of property for the school district, and I wonder why the city doesn't want to buy it.

Interest rates are going higher. We've had higher energy prices and now we have to cope with higher interest rates as well.

The economy is gaining a little more traction. Demand growth from consumers and businesses is encouraging manufacturers.

The economy will actually be more resilient than what he's thinking. Without Fed vigilance, there is a pretty good chance that rising energy and materials prices will begin to impact core inflation.

The downside for them on the appraisal is it could come in at $650,000.