Steven Wieting Quotes

There is no change in course, and markets have already priced in more action.

- Steven Wieting

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Change | Markets | Priced | Action |

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If gas prices are just holding steady and not increasing, and if incomes are rising, your gas bill is the same, and [consumer] demand can rebound. That's the most likely scenario here. - Steven Wieting

Business conditions are really slack. The latest rally in stocks doesn't change that. - Steven Wieting

Seeing a two-year low in confidence in the wake of Hurricane Katrina isn't that surprising. The news in the month of September has been terrible. The television coverage and the emotional impact of the story has a big effect on confidence in the short run. But spending has been inconsistent with these confidence numbers. - Steven Wieting