175 ordspråk av Robert Brusca
Robert Brusca
The consumer can pop for a spree now and then, but spending at its basic level is pressured by a negative savings rate.
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The consumer still has life. It does temper the overall gain, but we're still going to see the consumer spending this quarter.
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The conundrum is the Fed, and why the it keeps raising rates.
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The extent to which it feeds back to you and me is that banks become less aggressive about taking risk ... and this could curtail economic activity.
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The fact that food sales outperformed other product categories last month is part of what's going on with the economy and its impact on consumers, ... Also, there was a time when Wal-Mart was eating everyone's lunch. Other stores have been getting their act together and they've reduced the growth gap between them and Wal-Mart.
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The Fed has never said this borrowing is a mistake and that this is a problem.
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The Fed is concerned about this, and it has a reason to be concerned. There's no pricing power, and they're watching this very warily.
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The Federal Reserve has talked about the economy being in a soft spot -- well, it's really in a soft spot.
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The Federal Reserve, with the ink barely dry on its statement of intent to move in a measured pace, has begun a new theme that says 'measured' may be too slow.
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The number of Americans killed in Iraq during the peace is [almost] as great as the number killed during the war -- so we have an economic recovery that doesn't look like a recovery, and we have a peace that doesn't look like a peace.
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The president has an atrocious record when it come to job growth.
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The problem of the war was it was so easy to finance, if that is a problem.
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The problem, ... is that the markets have fallen sharply and they've fallen because all these financial shenanigans are coming unraveled.
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The report is still a poor one given what has come before, but not terrible,
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the right thing to do.
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