The drop is less marked than we were expecting, but this deterioration in confidence is nonetheless clear and comes very soon after the recent cycle of recovery, which is unusual.
More Quotes from David Naude:
I don't think they are too sad. This would have been a costly measure, with few benefits. The economy at least is better off without it.David Naude
I think it's a very good thing that they didn't go ahead with this, that they were blocked. I didn't think it was a good measure because they would lose revenue.
David Naude
I don't interpret this as a sign of recovery in activity. Rather, the increase in unemployment of the last six to eight months has been too brutal and exaggerated not to generate this type of correction.
David Naude
We have already had strong July car sales, and now with consumer confidence this strong we get the impression households could repeat the spending spree we saw last summer.
David Naude
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Based on Topics: Confidence QuotesPlus the public's attention span is so short right now, if a skater doesn't strike while the iron is hot... well it's not like people will forget you, but they just won't care anymore.
Brian Boitano
Ali was a guy that had a lot of discipline. If you hung around him, you'd be able to get some of that discipline that he had. And I learned from that. He was a sweet man.
Larry Holmes
Inflation is lower and more stable and the real business cycle fluctuations are more modest.
Martin Feldstein