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

The stock market now faces two primary risks. First, the economy could slow too much, which would jeopardize profit performance. Second, a strong rebound in stocks could stoke consumer spending and renew concerns about overheating and additional interest rate hikes. - Lynn Reaser

This is another sign that the manufacturing sector is positioned for an upswing in the third quarter. - Lynn Reaser