Scott Hoyt
Scott Hoyt
assuming january
We're assuming January was all about the weather.
consumer economy recession spending
If consumer spending falls, the probability of the economy slipping back into recession is very high.
consumers continue easy focused malls struggle
Clearly, malls continue to struggle. Consumers are focused on easy in and easy out.
loans negative spending stretched
It just suggests that consumers, particularly lower-end consumers, are going to be more stretched when these loans reset, with potentially negative implications for spending growth.
biggest drag energy gasoline growth high modest rising sales
Going forward, sales growth will be more modest and inconsistent. Fundamentals are mixed. The biggest drag is high and rising gasoline and other energy prices.
maritime purchase stronger
The purchase will make us stronger in all segments, especially maritime communications.
consumers data holiday season since spending spent strongest year
Year over year, the data shows, this will be the strongest holiday season since 1999. But because consumers have been spending since September, there's not much pent-up demand. Consumers have already spent up demand.
ability both consumers continue cost debt directly house indirectly interest likely pace price raises rates reduce slow
The raises in interest rates will reduce the willingness and ability of consumers to continue their pace of borrowing. This is both directly -- through the cost of debt -- and indirectly -- because it's likely to slow house price appreciation.