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Letter "D" » Delos Smith Quotes
«They're doctors. If the patient is fine, they'll do nothing. If they feel the economy has trouble spots, they will try to deal with it, and the medicine is raising interest rates.»
«The consumer, I think, is healing. There's still a lot of market share out there. I don't think we've drained anything away.»
«I don't think [credit card debt] is a problem. It won't stop the expansion. It's something we need to look at, but I consider the American people very prosperous.»
«When it's as low as it was, it takes time to start turning it around. Today's report doesn't mean there's a boom, but it certainly is encouraging.»
«In May of last year, it was 87.1. In fact, before September, the highest it got was 94. Here it is sitting at [about] 110. That's very encouraging and positive. It's telling us the consumer is comfortable and thinks the economy will continue to look a lot like it is at this moment, and that's not that bad.»
«My [16-year-old] granddaughter wants to see what everybody else is wearing, so her back-to-school buying will be done in September. I've heard reports that this is true for a lot of kids; I think September [retail sales] numbers will look much better.»
«The whole key is whether or not (a war) ends quickly.»
«In a sense, people have money. But again, you have to think and consider the nervousness if there's another terrorist attack, or if there's mobilization (in Iraq), or you have another sniper attack. We're vulnerable.»
«You do have a defensive consumer. If the consumer is very nervous and uncertain about what is going to be happening, you don't know how they're going to react.»
«I think consumers are more cautious, and I think the retailers have kept inventories well under control.»