Steve Ricchiuto People Quotations

Sales ex-autos were decidedly stronger than people had given credit for. This is an important piece of information on where the economy was prior to Katrina.

People who were really slashing third-quarter GDP forecasts might need to rethink. The economy was more resilient than people thought. It supports the thesis that the Fed will raise rates in September at least,

I think to a great number of Americans, what happened in their 401(k), or in their pension program, or their IRA was something they were not able to tap anyway, and we are just basically getting back to the upward trajectory over a 10-year pattern anyway, so I don't think people are terribly paranoid about it.