It will compress consumer spending through negative wealth effect. -Thomas Lam

 

It will compress consumer spending through negative wealth effect.


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This quote is just one of 9 total Thomas Lam quotes in our collection. Thomas Lam is known for saying 'It will compress consumer spending through negative wealth effect.' as well as some of the following quotes.

Today's telecom operators no longer need to build a brand new network for each new application. What they do need immediately is to develop an IP-based next-generation network, or IP NGN, which can adapt to present and future applications. Cisco CRS-1 is helping operators advance the development of IP NGN, so that all current and future applications can be integrated on one network.

Thomas Lam

We are skeptical on the quick rise in yields as nothing has fundamentally changed in the past few weeks. The bias is for yields to go downward.

Thomas Lam

It will compress consumer spending through negative wealth effect.

Thomas Lam

Given the trend of an aging population, especially in Japan, I would presume that the 30-year bond in particular should fetch decent prices.

Thomas Lam

We are pretty bullish on Treasuries. Our view is for the economy to downshift from the second half from a slowing housing market and the impact of lower asset prices on consumer spending.

Thomas Lam