Consumers have proven many times over that when they can get something at a good value, they'll do it.
More Quotes from Robert MacIntosh:
Based on these numbers, the markets should rise, but you have Greenspan and the CPI hanging over us, ... The PPI measures only about 20 percent of the U.S. economy, and the CPI is a far more comprehensive number.Robert MacIntosh
Thursday's report is a sign that companies are in fact, to a small extent, ramping up production to get themselves restocked a bit in anticipation of recovery,
Robert MacIntosh
The Fed will be more upbeat, but there's still a long way to go before they make any move. This economy is just beginning to really grow. Until we get real job creation, there will be no inflation worries -- and we're not there yet.
Robert MacIntosh
It's not pretty. A lot of things just hit people today.
Robert MacIntosh
It's probably a bit early to change the bias to neutral. I suspect they'll say there's still more risk of another downturn than there is for too much of an upturn. Maybe the next meeting is when you have them take away the cutting bias.
Robert MacIntosh
This is what the Fed wants, they want housing to slow -- that is the place where they can most effect wealth creation and spending. The Fed is that much closer to being done. I think they are done after next week.
Robert MacIntosh
Readers Who Like This Quotation Also Like:
Based on Topics: Value QuotesOur real problem, then, is not our strength today; it is rather the vital necessity of action today to ensure our strength tomorrow.
Dwight D. Eisenhower
I can't miss a night's work and let my public down.
Patsy Cline
The scary thing is when I did my set in Texas everyone was excited. The show was great. I was done and the next DJ put something on vinyl and the difference! The quality!!
Peter Hook