The rise in energy costs caused by Katrina is going to start taking money out of people's pockets that they would have spent on something else, ... Look for the (impact) in the earnings of discount retailers, restaurants, and travel sectors - start to look for GDP to be impacted.
More Quotes from Hans Olsen:
The economy had been incredibly resilient in the face of lots of potential threats. Those threats have started to take hold in slower growth and corporate earnings, and I think it could get worse yet in the fourth quarter.Hans Olsen
A good number will confirm the upward bias for interest rates and higher rates are a headwind for equity prices.
Hans Olsen
To say that we knew she was going to improve and excel at the rate that she is, that would not be a true statement. She has exceeded the schedule that I thought. She is probably already at the point where I thought she would be in two years.
Hans Olsen
If the number is 50,000 above or below, that's a variation where you'll see a reaction. If it's below, then people will right away start talking about what the revision will be next month.
Hans Olsen
In reality, it won't matter as much because other elements like spending and consumer sentiment look good and that will keep the upward pressure on interest rates.
Hans Olsen
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Based on Topics: Energy QuotesIt's a mood record. Like one night you're going to be down in the dumps depressed because you're thinking about your ex-boyfriend and the next moment you're gonna be like screw him you know? And the next one you're saying to yourself "God I'm in love."
Willa Ford
I now believe that major labels can only work with people who care more about fame and money than the quality of the art they produce.
Malcolm Wilson
The old sergeant from headquarters treats me like a son and takes the greatest pride in whatever I do or write. He regularly assigns me now to certain doors, and I always obey orders like the little gentleman that I am.
Richard H. Davis