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Letter "R" » Robert Brusca Quotes
«The problem of the war was it was so easy to finance, if that is a problem.»
«The conundrum is the Fed, and why the it keeps raising rates.»
«During this recent period there may be some extra spending on the part of those recovering from hurricane disasters. But it is also true that comprehensive consumer spending has been outstripping income growth over this period,»
«The soft spot is looking to be bigger and softer all the time.»
«Oil is an important culprit. But it is much more than that. Non-oil imports rose by 0.6 percent.»
«We're getting some very good spending going into the first quarter. It's interesting that while there is spending optimism, consumers are still clearly divided into two main categories -- those with lots of money and those that are hurting. That's why these monthly results have shown so much irregularity.»
«I don't think inflation is that much of a concern. However, there are still a few short-term issues at hand that could challenge spending, such as the labor market. Though it had improved, it hasn't yet turned a sharp corner.»
«The tale of the zombie consumer continues, ... There is no stopping him or her: Can't shoot 'em, stab 'em, or keep 'em away from the stores with garlic -- especially with post-season sales in progress.»
«We have a lot of things suggesting that maybe things have improved, ... I don't see any reason to go against the numbers.»
«Those two things could come into collision, and cause you to get faster hiring in the first part of the year, then have it catches up with you later,»