If (Alan) Greenspan were still leading the Fed, there would be more confidence in another rate hike. Now, no one can say with any certainty. |
If one indicator is bad, it can in many respects drive the overall result of the index. |
One month of information really isn't helpful but, yes, there was a decline in February. |
There's still an expectation that the Fed will raise rates another quarter-point. |
We see other people having things we want to have. It's just too hard for a lot of people to put off making that purchase. |