Energy bills are going up, people are worried about their pensions and the labor market is loosening. All of those are reasons why the consumer may not be as strong going forward.
More Quotes from George Buckley:
Strong investment and export growth were the drivers of China's performance last year, and while we believe neither is sustainable in the long run, we still see growth of 8 over the next two years.George Buckley
February might prove a more contentious decision, especially in light of possible downward revisions to the Bank's inflation and growth forecasts.
George Buckley
The sell-off at the short end (of the yield curve) is understandable in light of this data, with the market now pricing 50 basis points of rate hikes by the end of next year.
George Buckley
It looks like the decline has been generated largely because of excess optimism in the housing construction market a month ago which was not sustained.
George Buckley
An improvement in the outlook for the services sector, a stronger housing market and expectations of a reasonable Christmas for retailers should be enough to keep the Bank of England on hold (in January).
George Buckley
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Based on Topics: Energy Quotes, Labor Quotes, People QuotesBased on Keywords: loosening
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I think money in general hurts all sports.
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I used to only worry about the #1's and all of the awards. But that was a long time ago.
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