Lynn Reaser Quotes

We had expected a snap-back in consumer spending after a decline in May, and that's what these numbers showed... Consumers appeared to be optimistic in their spending, despite the stock market and the ongoing corporate frauds and malfeasance.

- Lynn Reaser

Tags

Expected | Snap | Consumer | Spending | Decline |

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Wall Street breathed a collective sigh of relief this week as fears of mounting inflationary pressures and additional rate hikes by the Federal Reserve suddenly evaporated. - Lynn Reaser

Ascertain a trend rather than a reaction ? try not to read too much into economic numbers. - Lynn Reaser

Consumers seem to have rebounded from the low point of spirits this year reached right after the hurricanes struck. But they are still somewhat anxious about the energy situation and how that will fare in the coming months. - Lynn Reaser