Lara Rhame Quotes
This is undeniably good news. The crucial question going forward is going to be if the rise in confidence is reflected in more spending on the part of the consumer, or if it's simply a patriotic rally.
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In a typical recession, you see people...consolidate their domestic balance sheets. Instead, spending [has been] as robust as before, and that's hurt domestic balance sheets. We're really at a point where the consumer is squeezing water out of a stone. It doesn't provide the ground for a robust recovery.
- Lara Rhame
