Carl Steidtmann Quotes



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It has literally turned your house into an A.T.M. in the last couple of years. That will virtually go away.
- Carl Steidtmann

At the end of a long economic expansion, consumers tend to be overconfident relative to their spending; raising false hopes about the ability of consumers to continue spending. At the beginning of a recovery, consumers remain in a funk even as they accelerate their pace of spending.
- Carl Steidtmann
