Stephen Wood
Stephen Wood
Stephen Wray Wood served as a Republican member of the North Carolina General Assembly representing the state's sixty-first House district, including constituents in Guilford county. Wood served eight terms in the State House from 1984–2005. Before election to the NC House he served as Professor of History and Education and Assistant Academic Dean at John Wesley College, High Point, North Carolina...
consumer fourth quarter rise slowly spending third
This anemic rise at the end of the third quarter suggests that consumer spending will rise much more slowly in the fourth quarter,
belly convinced fifth five growth past roll sixth stay style tends value year
In the past five years, value has done OK, but the real story is that growth has been getting clobbered, We don't think growth will roll over and go belly up. Once a style comes into favor, it tends to stay there for years. You just had the fifth year of a value cycle. Do you get a sixth year? You could. But I'm not convinced we'll see it.
closer likely looking market obviously trading until
We're probably much more likely to be trading closer with the dollar. There may be some intervention that's coming, which is what the market is looking for, but it's obviously one of those things that we won't know about until it happens.