Ominous Quote of the Morning

cliffsedoglia Ominous Quote of the Morning From that Wall Street Journal story this morning on New York housing’s specious buoyancy: "’Right now, people are still living on last year’s bonus,’" says Barclays Capital economist Ethan Harris, who is based in New York. "’You can sort of feel the local economy on the edge of a cliff.’"

Article continues below
More from Culture
Patrick Sabongui and Claire Danes.
‘Homeland’ 6×02 Recap: Is Saad a Ninja Turtle Villain??