It is unwise to be too sure of one's own wisdom. It is healthy to be reminded that the strongest might weaken and the wisest might err.
Mahatma Gandhi
173 quotes about weakening follow in order of popularity. Be sure to bookmark and share your favorites!
Hurricanes rarely sustain such extreme winds for much time. However we see no obvious large-scale effects to cause a substantial weakening the system and it is expected that the hurricane will be of Category 4 or 5 intensity when it reaches the coast.
Richard Pasch
Although it's still early in the quarter, we worry that what is typically a strong quarter for Oracle could prove to be unusually weak given the tough U.S. macroeconomic environment and potentially weakening conditions in International markets.
Neil Herman
We were a little concerned about Adam. We didn't want him to lose his confidence after the five interceptions last week. But with Chris and Brandon on the outside, it's hard to double them without weakening your defense in the middle.
Mike Redwine
We also judge that the dollar is vulnerable from a structural perspective. External imbalances in the U.S. are not a key market focus at the moment, but this could change on signs of weakening flow support.
Jens Nordvig
What the alleged coup failed to do, in terms of weakening the peso, the president managed to. Clearly, this is detrimental to foreign sentiment.
Joseph Tan
Consumer spending will weaken in the months ahead.
Richard Curtin
The gold price is still up there and platinum is still trading above $1,000. That still points to a stronger rand. We could see a sharp weakening in the rand if the commodity prices lose steam.
Ion De Vleeschauwer
The yen continues to weaken, as it should, given the continued weak economic data coming from Tokyo.
Dennis Gartman
The market will take a fine line today but banks and property counters are going to weaken because of the interest rate rise.
Dennis Leung
Under normal circumstances with this kind of figure, you would expect to see significant dollar weakening. The fact that you're not seeing that seems to indicate that people have quite a bit of appetite to take on long dollar positions.
Jens Nordvig
All these provisions will weaken our ability to protect endangered species, ... while encouraging more costly litigation and draining money from important conservation measures.
Lois Capps
Portfolio flows are very important for the Taiwan dollar. This support seems to have been removed and the Taiwan dollar is weakening.
Ben Simpfendorfer
For the Reserve Bank, this is likely to significantly dampen any thoughts of rate increases going forward. With higher oil prices and a weakening housing market, employment growth should be much more moderate ahead.
Michael Every
I think there is risk in the market. If there is weakening in the economy, then an earnings recovery gets pushed out further into 2002.
Gail Dudack
The stock is weakening with the rest of the market after having held up well in recent days.
Rogelio Gallegos
Overflowing red ink can divide monetary and fiscal authorities on the importance of price stability. Weakening the consensus on fighting inflation only increases the temptation for political meddling in monetary policy.
Dallas Fed
It's got some weakness, but it's not an overpowering weakness. All the components are all reasonably firm. Clearly there is a weakening, but the momentum is not yet terrible. You can paint this as kind of a Goldilocks reading, not too hot, not too cold.
Bob Brusca
There were concerns about the economy, weakening in new orders, the strength of the dollar, Asian demand and railroad delays.
Norbert J. Ore
The consumer numbers look fairly strong, although at least some of that strength is likely to fade in coming months if housing continues to weaken. The mortgage applications data suggest home prices are already weakening.
Maury Harris
It's a matter of philosophy. Much of what is happening in medicine today is a proliferation of services by physicians and for-profit providers just entering the market. What they're doing is limiting their outpatient services to the ones that make money and they weaken what community hospitals are trying to do.
Ron Mcconnell
The yen will weaken some more. There is no need to raise rates.
Dale Thomas
It is tough to see the yen weakening dramatically. And it's pretty easy to make a case for it continuing to go stronger.
Mark Headley
Commodity funds now believe that the dollar can only weaken further so they have nothing to lose by getting heavily into gold.
Leon Esterhuizen
I think the Japanese are concerned with the pace of the yen weakening and you have seen comments from Japanese officials stating that.
Hugh Walsh
Polluters have mounted a public pressure campaign, even enlisting some members of Congress, to lobby EPA to weaken the law even more. For the sake of our lakes and streams and the wildlife and people who depend on them, the law needs to be strengthened, not watered down.
Andy Buchsbaum
European markets are set to follow the outlook for the dollar. The dollar is getting stronger and European currencies are weakening and that is probably taking European markets higher again.
Ian Harnett
We have concerns New Zealand will be able to fund its current account deficit so we see the New Zealand dollar weakening further.
Prashant Newnaha
I think the stocks all reflect concerns that the estimates won't hold up because the economy will weaken. If it becomes clear the estimates do hold up, I'm confident the stocks will do well. I've got fairly conservative estimates, below consensus, and the stocks are steals based on my estimates.
Paul Schlesinger
The real estate market has been an underlying source of support for private consumption. As that market begins to slow and weaken, that would have an impact on private consumption.
Brian Dolan
FIB, n. A lie that has not cut its teeth. An habitual liar's nearest approach to truth: the perigee of his eccentric orbit. When David said: 'All men are liars,' Dave, Himself a liar, fibbed like any thief. Perhaps he thought to weaken disbelief By proof that even himself was not a slave To Truth; though I suspect the aged knave Had been of all her servitors the ch.
Ambrose Bierce
We expected a serious weakening on the left side of the body, but we were surprised to see him move his left side. That means that maybe the damage on the right side of the brain is not quite as bad as we thought at first.
Dr. Jose Cohen
The Council succeeded in making things even worse than the European Parliament by weakening the registration of chemicals, the substitution principle and foreseeing even less information available for consumers.
Jim Murray (beuc)
The storm is expected to weaken and move on later tonight to Washington -- which already is experiencing 50 mph wind gusts.
Rob Marciano
This certainly makes the case for investing in companies that export. Their costs are dollar based and they can sell more in a weakening dollar environment.
Alan Hoffman
The mere idea of marriage, as a strong possibility, if not always nowadays a reasonable likelihood, existing to weaken the will by distracting its straight aim in the life of practically every young girl, is the simple secret of their confessed inferiority in men's pursuits and professions to-day.
William Bolitho
Most of these companies don't want to have the fluctuations, good or bad. When we saw the weakening dollar, it was a boon for companies like Coca-Cola ( Research ). But most companies hedge against the adverse scenario of a stronger dollar.
Mike Thompson
The number won't help the Canadian dollar. We may see further weakening. A softer number provides no reason to go and buy the Canadian dollar.
Reid Farrill
We are very confident about the long-term outlook for our business, but believe that the immediate impact will be a further weakening in the operating environment and a delay in the economic recovery, ... However, given increased fiscal and monetary stimulus, we anticipate that long-term economic recovery should be more certain and vigorous than previously expected.
Henry Paulson
We are expecting the Treasury market to continue to weaken in the next few months. There are no signs the economy is slowing and that means the Fed can continue hiking rates. This is not the time to be buying bonds.
Yasutoshi Nagai
With a slowing economy and weakening corporate earnings, our clients are facing the most challenging market environment in many years.
David Pottruck
That will most certainly disrupt the November polls and will also weaken state institutions, which the Maoists want.
Yubaraj Ghimire
It's clear that the president and his allies in the House are using Katrina as cover for ramming through proposals to weaken the Clean Air Act.
Kevin Curtis
In the near term, the markets will continue to strengthen and weaken with the weather, and crude and product prices will be range-bound.
Mike Wittner
Criminal organizations that are bringing drugs and violence into Texas, that's the target of this law enforcement tool. It doesn't at all weaken the process for requesting wiretap.
Rachael Novier
We do believe that the U.S. housing market is a bubble in the sense that its contribution to consumer spending is unsustainable. Households have used a large share of the recent home equity gains to supplement their spending. When these gains dry up, as they ultimately must, spending is likely to weaken substantially.
Jan Hatzius
There are signs that the long-term drivers of prosperity are weakening. The loss of our competitive edge is a continuing corrosive process, which threatens our economic well-being in the long term.
Alan Duncan
I can't interpret this report as a weak economy, and I don't think the Fed will either. They are going to persist in moving interest rates up until they see greater indications than what we have now that either the economy is weakening, or inflation is getting under control, or both.
Lyle Gramley
We have two tough games in the space of five days, so it's up to us as coaches to manage the players' welfare during that period without, hopefully, weakening the team and we can do that with the likes of McCarthy coming in for Finegan and Thompson for Long, so that the guys will still be fresh when the Leicester game comes around.
Peter Walton
This year, we see no real weakening of exports because globally speaking there is quite strong demand from the US, Japan is picking up and Europe is resilient.
Sebastian Barbe
The waters in the Gulf of Mexico are warm, but so are the waters in the eastern Atlantic. But the water temperature isn't the controlling factor in whether a hurricane maintains its strength. Wind shear still determines whether a storm will strengthen or weaken before it hits land.
Gerry Bell
Oil-sensitive sectors continue to weaken, led down by retailing, wholesaling and transport.
Alan Oster
Signs of weakening U.S. consumer demand are weighing on investor confidence in Asian exporter stocks. Slowing U.S. demand will have a ripple effect on demand in Asian nations.
Barro Liao
These are techniques to scare people, to weaken their intent.
Hector Lopez
The witching hour was basically from 6 to 10 o'clock, and now we're just mopping up so to speak. The storm seemed to be weakening and separating as it moved into central Iowa.
Steve Teachout
What's in it for them ? who knows? Maybe they just feel it's a chance to weaken the ACT Party and Rodney who would be a nuisance, he's a formidable person... frankly from the point of view of self interest it's almost like nuisance litigation.
Stephen Levine
The dollar weakening will help the large-cap sector get the wind back for overseas earnings.
Richard Steinberg
The administration is trying to do through rule making what they have been unable to do through legislation, which is weaken the protections off Florida's coasts against drilling.
Mark Ferrulo
We believe the company's core business could shrink for the next two years. As expected, domain names continued to weaken and [password protected transactions] experienced a slowdown.
Chris Kwak
When we made those decisions, we didn't know exactly what the economy was going to do, but it was our expectation that the economy would weaken. Our marketing and promotion budget is pretty comparable to recent years, so again we're not doing any significant additional spending behind the promotions.
Peggy Palter
One thing that will hurt international tech companies is that we don't expect the dollar to weaken much more so year-over-year revenue gains are going to be a lot tougher to come by.
Alan Loewenstein
We think (a boycott) would weaken Iraq because the only way that Iraq can recover is done by concentrating on the political process, writing the constitution and participating in it, ... Any act that calls for violence or boycotting would deviate the country from its course.
Laith Kubba
You had a bunch of people (in the storm's path) say, 'OK, it's starting to weaken. Don't worry about it,' .
Joe Bastardi
It speaks loudly about the value of the Hughes assets. It had been unduly depressed due to arbitrage. A primary driver will be continued expansion of DirecTV subscriber base, which shows no signs of weakening.
Ty Carmichael
I think the dollar will continue to do what it has been, which is gradually weakening.
Ram Bhagavatula
The September data indicate a general weakening in the job picture nationwide -- a trend we were seeing before the recent hurricanes, ... That data is consistent with the latest CEO Confidence Survey, which is also down.
Ken Goldstein
Probably the most critical impact of higher energy prices is their ability to weaken consumer spending.
Gail Fosler
Overall, it's going to be a moderate growth year, starting out with a bang and then weakening toward the end of the year.
Daniel Meckstroth
Although it is clear that consumer demand in the U.S. is weakening, buying in other regions remains strong. PCs remain the dominant means of accessing the Internet, and a lot of people out there are still buying PCs to get online.
Loren Loverde
Looking at the next two to three years, you need a real economic dislocation to weaken GE.
Steve Roukis
PCs have a lifespan and energy that we keep thinking is going to weaken, but it doesn't. We are still looking at double-digit growth in PCs.
Gary Grandbois
Significantly improved ties are being forged without having to relax existing rules to prevent proliferation. So why has the administration proposed to weaken these rules?
Michael Krepon
We've expected existing home sales to weaken for some time. It does appear that we're starting to see that trend manifest itself.
Gordon Kettle
When commodity prices and energy prices weaken, technology stocks usually pick up the leadership and strengthen because they can move inversely to those two areas.
Paul Mendelsohn
There can be no minority and majority in armed forces. These ideas are working to weaken the forces and break their morale.
George Fernandes
This begins the weakening of the merit system.
Jan Johnson
Without question, there will be those that say they have been taxed to death, but I have looked at the cuts that the schools have made in the past four years, and they have cut where they need to cut. But the failure of this levy will only weaken the school system.
Jim Walters
Rates probably need to go above 10 percent and relatively soon or the currency will keep weakening.
Richard Yetsenga
Another issue likely to resurface is the matter of 'a more competitive exchange rate', deciphered as code for the rand to weaken. Moral suasion such as this may be good for export-biased manufacturers, but will hardly be considered good for observers of inflation, or long-term interest rate markets.
Colen Garrow
With interest rates continuing to rise, all signs point to a further weakening in sales just down the road.
Patrick Newport
The bond market is starting to anticipate a more aggressive Fed. The Fed has two problems. One, employment is not weakening. Two, higher energy costs look like they're chronic.
Bill Larkin
The yen has so far not participated in the weakening dollar move, but we think this is about to change. There is a growing risk that the Bank of Japan may end its zero-interest-rate policy earlier than previously expected.
Thomas Stolper
The dollar will weaken. We bought some euros below $1.20. We took advantage of the dip in the euro.
Adnan Akant
A good yield combined with a weakening US dollar should prove irresistible to global investors.
Clifford Bennett
It looks like more of a digestive day rather than anything (else). The data that have come out has shown the economy is still weakening but we're not falling off a cliff.
Arthur Cashin
Historically, the industry has gone through inventory corrections during the positive portion of the industry cycle, and we see no reason to believe that this current weakening is anything else other than an inventory correction.
Joe D'elia
Retail sales excluding autos and gas held up strongly, while industrial production advanced albeit at a less than expected pace. Both sets of numbers, however, are likely to weaken when the next round of monthly data comes in.
Derek Holt
It must weaken ETA's self-confidence.
Jonathan Power
Maybe, the West also knows about our nuclear resources and wants to weaken our capabilities and hence this nuclear deal.
Rajnath Singh
Demand is as strong as ever and is likely to remain so. Prices are starting to weaken, but volumes can now increase.
Saul Eslake
The trade deficit will eventually be a factor in weakening the dollar.
David Durrant
We don't think it's something new ... Prices are falling faster than expected. The strength of growth momentum of all panel companies is weakening.
Daniel Kim
The only way out for Japan is to see the yen weaken.
Andrew Chaveriat
Businesses appear stronger than expected, reflecting the lower euro, but we're likely to see consumer confidence weaken on the back of higher inflation. It will be very difficult for the ECB to raise rates.
James Nixon
Commodities will have a strong investment case in the year ahead because of the strong Asian growth, weakening demand for US bonds and strong prospects of oil. Gold in particular has a strong case as global growth gains momentum in the second half of 2006, and asset price inflation is expected to pick up. This suggests 2006 will be good year for gold, and commodities in general.
Michael Hartnett
If we see economic indicators continue to weaken at the pace they have weakened in the past month, then I'm wrong. We could not only see mortgage rates continue to soften, but hold at lower levels for quite a substantial period -- maybe the first half of next year. But I don't think that's likely to happen.
Richard Dekaser
Because of Katrina we will have a pause in September. The aftermath of shocks is still not appreciated and oil prices are still high. The effect is that with the background of structural problems and (losing cyclical support) the dollar is in a phase where it should weaken.
Adam Myers
It's going to produce hurricane-force winds well inland. It's going to be a slow weakening process.
John Guiney
We consider sterling to be overvalued and expect it to weaken against the dollar in tune with rising expectations for a rate cut by the BOE. Until we get further confirmation that BOE will cut, sterling will be volatile.
Teis Knuthsen
Avian influenza has definitely impacted the demand for poultry in the international market and caused poultry prices to weaken, particularly leg quarters.
Farha Aslam
The euro will continue to weaken. The ECB (European Central Bank) needs to do something (cut interest rates) to make sure euro-zone growth is not damaged by a slowdown in the U.S.
Razia Khan
This study shows that just passing the buck to the states isn't likely to solve the endangered species problem. Restoring endangered species is difficult no matter who's doing it. There are no quick fixes, and weakening the Endangered Species Act certainly isn't one of them.
Ginette Hemley
It was a combination of themes we've been seeing for the year, which is a commodity that is exploding upwards in price and a US dollar weakening across many currencies.
Paul Mcleod
People have seen weakening in goods prices and have been pointing to deflation. This tells us we're not going there.
Jim O'sullivan
This is going to weaken support for the government even more.
Saleh Mutlak
I have not seen a system proposed that realistically provides the subsidies necessary to make an individual mandate work. I'm not crazy about employer-based systems, but that's what we've got, and I would like to strengthen rather than weaken it.
Ron Pollack
While we believe market conditions in the U.S. have not deteriorated markedly over the past quarter, our channel checks indicate that Europe and the [Asia-Pacific] regions continue to weaken.
Robert Schwartz
Oil above $70 and the threat of a weakening U.S. economy are going to shake out those hangers-on in all markets. Oil affects just about everything, from companies' costs to consumers.
Angus Gluskie
It's divisive to go into the primary with two very highly qualified individuals for governor. To see us weaken the party and to weaken the process and to give the Democrats an edge at all is more than I would want to do.
Carlos Todd
Our understanding is that this was driven by food prices rising quite sharply and non-food prices coming off, where our expectation for the rest of the year is for food price inflation to weaken and non-food prices to accelerate moderately.
Paul Cavey
Disarmament should be conducive to the enhancement of every country's general security instead of becoming the instrument and means for a few countries to strengthen their military superiority by weakening or restricting other countries.
Sha Zukang
There's been a definite negative turn in sentiment toward the kiwi. This reflects all those macroeconomic factors that we thought would inevitably start to be a noose around its neck. The growth profile is weakening.
Craig Ebert
Unemployment has increased over the past few months, so consumer confidence is in danger of weakening with the work force feeling more insecure. This is a problem because that is the main engine of growth at the moment.
Alexander Mollerus
You cannot strengthen the weak by weakening the strong. You cannot help small men by tearing down big men. You cannot help the poor by destroying the rich. You cannot lift the wage earner by pulling down the wage payer. You cannot keep out of trouble by spending more than your income. You cannot further the brotherhood of man by inciting class hatreds. You cannot esta.
William J. H. Boetcker
Here is the answer which I will give to President Roosevelt... We shall not fail or falter; we shall not weaken or tire. Neither the sudden shock of battle nor the long-drawn trials of vigilance and exertion will wear us down. Give us the tools and we will finish the job.
Sir Winston Churchill
We shall not fail or falter; we shall not weaken or tire...Give us the tools and we will finish the job.
Sir Winston Churchill
Commodity funds took advantage of the one-way bet offered by a weakening dollar.
Leon Esterhuizen
If we're going to continue to bring high-tech jobs to Kansas and move our state forward, we need to strengthen science standards, not weaken them, ... Stronger public schools ought to be the mission of the Board of Education, and it's time they got down to the real business of strengthening Kansas schools.
Kathleen Sebelius
Our September sales performance was softer than expected. However, when you consider our exceptional sales performance in July and August, lean inventories, and the competitive environment, we expected there would be some weakening in September sales.
Bill Lovejoy
The rains don't weaken as fast as the winds do. As far as the rains are concerned, they are going to extend over a large portion of the state.
Robert Molleda
There are many people of integrity in both parties who will continue to oppose this radical effort to significantly weaken one of our country's most important environmental laws.
Robert Stack
We are expecting a good year with a bit more broad-based growth on reviving domestic spending. Further interest rate increases won't weaken the recovery, especially since we're still on such low levels.
Ralph Wiechers
The central bank wanted the peso to weaken, so if it is weakening, one of their incentives to cut rates is no longer there.
Bertrand Delgado
In March ... advertising began to weaken, particularly in travel-related categories, when it became apparent that war was imminent and advertisers delayed placements.
Russell Lewis
Spending remains the strong part of the economy. Job creation started to pick up and inflation is still very low, so there's no reason to expect spending to weaken.
Nicolas Bouzou
Those revisions really did weaken gorge protection, and we're still involved in litigation over those changes.
Michael Lang
Each small candle lights a corner of the darkWhen the wheel of pain stops turning And the branding iron stops burningWhen the children can be children When the desperados weaken When the tide rolls into greet themAnd the natural law of science Greets the humble and the mighty And a billion candles burning Lights the dark side of every human mind.
Roger Waters
Unions drag down business, growth is slower, and right-to-work laws weaken the unions. So when the unions are weaker, you tend to have more economic growth.
Lee Coppock
I think economic numbers are always important to the market. We're at a modest level of support here and I think that most people really want to see the market hold together until year end. But, it's really been weakening.
Bernadette Murphy
With a weakening hedging profile, fuel costs will continue rising, and a slowing pace of saving on other costs will likely keep a lid on expectations for profitability.
Morgan Stanley
People have reacted to the idea that the Fed may not do anymore after the next move - its possible they may be right but to justify further weakness we may need to see more evidence of the U.S. economy weakening and I don't think that will be in the employment report.
Adrian Schmidt
The alcohol will be less likely to go to your head and weaken your resolve.
Katherine Tallmadge
It's just adding to the notion that the Fed is on the cusp of an imminent and extended pause. It's proving what everybody was thinking -- the I-told-you-so crowd -- that oil is going to weaken things.
Joseph Lavorgna
During the quarter, consumers turned to the Internet to find lower rates and better package deals that would keep their vacation plans and business travel plans intact in spite of a weakening economy.
Richard Barton
Even the most destructive storm cannot weaken the heart and soul of our nation, ... America will overcome this ordeal, and we will be stronger for it.
George W Bush
The consensus among currency traders for a continuing weakening of the dollar is overwhelming.
Ashraf Laidi
Lowering the bar creates a novel theory of impeachment, ... It would permanently weaken the presidency.
Abbe Lowell
The fact of secrecy makes the public question the truthfulness of what is made public. The final result is to weaken the institutions on which America was founded.
Jack Nicklaus
The Fed will probably slow the pace of interest-rate hikes after October. Should the reports signal slower inflation, that's a factor to weaken the dollar.
Tetsu Aikawa
The real key driver here is the weakening ad space across all fronts in 2001.
John Corcoran
I think the reason that the U.S. would not want to be seen to be backing off from the strong-dollar policy is that it gives the markets the license to sell the dollar. And I think that obviously if we see a weakening economy and a weakening currency, that poses all sorts of problems for the administration and for the Fed.
Peter Dixon
Since the day he came into office, President Bush has worked to gut more than 34 years of hard work by weakening many of our Nation's standing environmental laws, some of which were signed into law by his father.
James Jeffords
We must produce better English players and then promote them. I'm not the only one with that view. I'm just the one who said it. People are speaking about it ... but naturally the bigger clubs are against that because it will weaken their teams.
Alan Pardew
Any weakening of the Canadian dollar represents a chance to buy more of the currency.
Firas Askari
Right now, there's no way of knowing which way of weakening the virus will make the best vaccine.
John Connor
We're seeing all the steel generals relinquishing control and passing on the company management to others. And why not? This is a good time. U.S. steel prices are starting to weaken, ... and 10 years is a long time to be in the metals business.
Timothy Mccutcheon
If the U.S. dollar happens to weaken then that would be good for gold probably, (although) gold has been dancing to its own tune recently so it doesn't necessarily follow.
Paul Merrick
The housing sector is still weakening and it is a cause of concern for investors. I am keeping my long duration on Treasuries.
Akira Takei
The rand is coming under a bit of pressure on the back of very strong retail sales data out of the US, but I'm not expecting it to weaken too much further given that the Budget tomorrow is taking centre stage with the locals. It should remain in a 6.12 to 6.20 range.
George Glynos
Unfortunately, the U.S. economy is showing signs of further slowing, exacerbated by the Sept. 11 attack. We are also beginning to see weakening economic conditions in other countries around the world. In addition, pricing pressures in our health imaging business intensified during the quarter, which combined with operational issues to reduce expected earnings for the quarter.
Robert Brust
We want to bolster the rights of the works councils by allowing job alliances at company level. The people we want to weaken are the labor-union officials.
Guido Westerwelle
This will weaken the left ... which is trying to persuade Israeli voters that there is a viable Palestinian partner. It will strengthen the right and the centre.
Yossi Alpher
Even the Japanese are not that happy with the yen constantly weakening. Apart from anything else, it makes the management look rather silly if they've invested a great deal of time and money in overseas production. Suddenly, they don't need it two or three years later.
Jason James
The potential for a weakening dollar is definitely a driver for gold. We could see $700 an ounce in two years.
Evan Smith
For 2006, Minnesota's big economic stories will be problems related to the continuing cutbacks in the U.S. auto industry, a turnaround for the telecommunications industry, and finally a weakening of Minnesota's construction industry. Nonetheless, our survey points to still solid growth for the first half of 2006.
Ernie Goss
Europe is weakening at a time when its critical mass is most needed. The timing is a catastrophe.
Elie Cohen
Last week, chain-store sales came in pretty strong. But if you stripped out gasoline sales from Wal-Mart and Costco it really showed us that consumer spending had started to weaken on a fundamental level.
Ellen Beeson
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