Hilary Cook
![Hilary Cook](/assets/img/authors/unknown.jpg)
Hilary Cook
accept lower retailers
There is a lot more competition. You will see more discounting. Retailers have to accept lower margins.
concerns earnings economic genuine growth pressure
There are genuine concerns about economic growth globally, and there's earnings pressure from a lot of places.
economy economy-and-economics global goes looking percent unless
The global economy is still pretty good. U.S. unemployment down to 4.7 percent is very good. China's still looking bubbly. Unless it goes very pear-shaped on the global front, it doesn't look too bad.