Oscar Gonzalez Shift Quotations

Consumers will continue to spend, and that will keep the economy chugging along for the next few months. But without some help, I worry that consumers could begin to falter later in the year. We need more business spending to fuel the economy's shift into a higher gear and sustain the recovery.

All eyes will now shift to next week's employment report. The figures we've seen over the past few weeks suggest it will be quite weak. The report may be enough to push the Fed into giving the economy another shot in the arm at their next meeting.

The inflation threat clearly seems to be fading as the economy cools, ... signal that the Fed may now shift its emphasis to growing the economy rather than fighting inflation. It allows them to start thinking about a rate cut sooner rather than later.