Americans are saving very little out of their current income. The primary vehicle that's doing the savings for households is their home.
More Quotes from Lynn Reaser:
We don't think we are going to have another recession ... We think there is enough stimulus in the pipeline, enough positive news in there to allow the economy to keep on a growth track for the next year.Lynn Reaser
The news makes people nervous about corporate management.
Lynn Reaser
I think they might leave it in one more time, but they are certainly moving to the point where they will need to modify or remove that language.
Lynn Reaser
If a company is mute, they (investors) often sell because of the uncertainty. Go back and start looking at fundamentals.
Lynn Reaser
The improving job market is boosting consumer sentiment. Employees are beginning to see a somewhat better chance of receiving wage increases this year. If oil prices stabilize as we expect, consumers this year should see their paychecks stay ahead of inflation.
Lynn Reaser
Earlier in the summer, the big concern was accounting, but the issue now is whether the economy is going to hold up,
Lynn Reaser
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