It's always been very important to listen to CEOs. When you've got guys that run companies nervous about demand, they put off investing.
More Quotes from Lara Rhame:
On balance, it is a modestly dollar negative set of data. Retail sales growth was a little weaker than markets had expected, with a downward revision to the ex-auto sector.Lara Rhame
I don't see future hiring robust enough to alleviate a lot of concern on the part of consumers. We've stopped shedding jobs, but over the next two quarters, we won't see very much job growth.
Lara Rhame
We had a massive jump in the Conference Board measure of consumer sentiment last month, and everybody will be looking for confirmation of that improvement in the Michigan survey.
Lara Rhame
The next couple of months will be absolutely crucial. If we can get through this, we're going to have growth that will be consumer-led next year.
Lara Rhame
This is a solid (GDP) release and should support the dollar's gains from earlier this morning,
Lara Rhame
A turnaround in manufacturing has not been signaled anywhere else, so I guess I'm not as excited about this number as the markets seem to be, ... I would like to see this confirmed in another month of data.
Lara Rhame
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Based on Topics: Investment QuotesSuicide, moreover, was at the time in vogue in Paris: what more suitable key to the mystery of life for a skeptical society?
Honore de Balzac
I have a very strong feeling that the opposite of love is not hate - it's apathy. It's not giving a damn.
Leo Buscaglia
Silence is the virtue of fools.
Francis Bacon