Carl Riccadonna Quotes
Corporate balance sheets are in great shape and we look for business investment to keep the economy going forward as consumer spending winds down after an impressive run over the last few years.
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Corporate | Balance | Sheets | Great | Shape |
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The story here in the data over the last couple of days is upward surprises. Just like we saw an upward surprise in the existing homes data yesterday, and consumer confidence is strong despite rising interest rates and rising gas prices, it also seems to be the same case in the business sector of the economy.
- Carl Riccadonna
