Michael Gregory
Michael Gregory
base caution economy economy-and-economics err exactly fed high question remember seeing side signs starting
There is no question that the economy is slowing, but it's not exactly shrinking, either, ... We are seeing the first tentative signs of slowing, but you have to remember that we are starting at a very high base of growth. The Fed will still err on the side of caution and restraint.
broaden consumers discount gas high impact mainstream prices seeing signs starting stay
We're seeing signs that consumers are starting to feel the impact of persistently high gas prices. As prices stay high we're going to see the impact broaden from discount to more mainstream retailers.