There are not yet any comments on this quote. Why not register / login and be the first?
This quote is just one of 9 total John Shin quotes in our collection. John Shin is known for saying 'Most of the market is looking at Rita.' as well as some of the following quotes.
We do think you're going to see a drop off in consumer spending in coming months. Part of the reason is workers are experiencing pain in their take-home pay. You're still seeing other areas of the economy kicking in. These will offset some of the negatives from lower consumer spending.
It's pretty funny how quickly sentiment can swing, but I think it's too soon for the Fed to pause (in raising rates). This morning's number keeps the Fed on track continuing 25 basis points (quarter-point) hikes.
This is stronger than expected, the highest since spring of last year. But it's less important since it doesn't show anything about the impact of Katrina and everyone's focused on Katrina right now.
This quote is just one of 9 total John Shin quotes in our collection. John Shin is known for saying 'Most of the market is looking at Rita.' as well as some of the following quotes.