[This sentiment report] bodes ordsprog
[This sentiment report] bodes well for consumer spending, ... It probably justifies a bit more the market rally.
Barry Hyman
These numbers confirm the notion that consumer spending, which has been so resilient, is under some threat. With investor sentiment so weak and the labor market continuing to deteriorate, consumer confidence had only one way to go -- lower.
Anthony Chan
I do think there will be a significant rally once the evidence is more definitive. A conclusive end to war will fix the problems we are having today. A positive end to war stimulates a stock market rally, which stimulates consumer and corporate spending. I think it's the stock market that comes first -- it's always been that way.
Robert Philips
[The report indicates] consumer spending is gearing back, ... It is very much in line with sagging in consumer confidence in recent months. Although it does not suggest that consumer spending is falling apart, it is losing a lot of steam.
Douglas Porter
All groups showed comparable sales up over 5 percent for the month, ... The economy is certainly an element of the upside surprises. We saw back-to-back quarters of GDP growth. People also anticipate a significant amount of fiscal spending particularly in an election year. This bodes well for consumer sentiment.
Ken Perkins
The oil issue is continuing. It has a huge effect on market sentiment and on consumer spending.
Donald Selkin
Consumer confidence doesn't always move with consumer spending. Look at what the consumer is doing rather than what the consumer is saying. Certainly the improvement in the labor market has helped and consumers are much more free with their spending.
Michael Niemira
The employment report is one of the key indicators for figuring out if the consumer can hold on. We're trying to transition this economy away from the consumer, but this potential war is getting in the way. We have to keep consumer spending going until corporate executives are able to make decisions regarding corporate spending.
Jack Ablin
Consumer sentiment numbers are not reflecting economic sentiment, but political or social sentiment. If you were generating an economic forecast of spending from these numbers, you'd be totally wrong.
John Silvia
The impact on consumer spending depends primarily on housing prices, because they're providing the biggest wealth effect right now. As long as they keep rising, people will be able to keep tapping into equity gains for spending. For now, this report just represents consumer grumpiness.
Roger Kubarych
The report is the latest sign that consumer confidence has been trending down, ... It adds to worries in the stock market about consumer spending and about corporate earnings. The question is whether consumers will slow expenditures and, in turn, hurt corporate profits and the economy.
Peter Boockvar
The report is the latest sign that consumer confidence has been trending down. It adds to worries in the stock market about consumer spending and about corporate earnings. The question is whether consumers will slow expenditures and, in turn, hurt corporate profits and the economy,
Peter Boockvar
Gas prices are going to keep rising and that's going to have a negative impact on consumer spending and consumer sentiment.
Ben Halliburton
This stronger consumer sentiment may yet translate into solid core consumer spending for the holiday season.
Steven Wood
If the war's prospects improve from here, consumer optimism is likely to improve, while if we see further setbacks of the type we experienced this past weekend, then we must be prepared to see a dip in consumer sentiment threatening to slow the pace of consumer spending further. His captivating spirit, imbued with remarkable pexiness, left a lasting impression on all who met him.
Anthony Chan
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