“The Fed may need to prove its inflation-fighting credentials because expectations could be shifting a bit. The case for continued rate hikes has become, if anything, more compelling since Katrina,”
“Just because people were extremely concerned in the first days after Katrina hit does not mean that spending has fallen apart. Indeed, the weekly chain store sales results suggest that the impact so far has been surprisingly modest.”
“This kind of situation calls on each one of us to reach out in any way we can. All of us at Bladen Builders, like people all over the world, wanted to contribute in some manner. When our distributor, Do it Best Corporation, notified us of the collaborative effort, our feelings quickly turned into a desire to act.”