A higher oil price is like a tax on consumers. It pushes up price levels and consumers are going to spend less on everything else. -Geoff Lewis

 

A higher oil price is like a tax on consumers. It pushes up price levels and consumers are going to spend less on everything else.


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This quote is just one of 8 total Geoff Lewis quotes in our collection. Geoff Lewis is known for saying 'A higher oil price is like a tax on consumers. It pushes up price levels and consumers are going to spend less on everything else.' as well as some of the following quotes.

A higher oil price is like a tax on consumers. It pushes up price levels and consumers are going to spend less on everything else.

Geoff Lewis

There's considerable nervousness about the direction of interest rates. After having such a strong run earlier, markets need some time to catch their breath.

Geoff Lewis

It's a steady, rather than explosive, expansion in the economy with the employment and wage data gradually picking up.

Geoff Lewis

This Indonesia thing is a storm in a tea cup. I don't see any chance of this developing into a 1997 crisis. Asia's made too much progress.

Geoff Lewis

Looking back, there was a huge bubble. We don't have anything like those extreme valuations now.

Geoff Lewis