Roger Kubarych Quotations
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Adjustment Quotes
All American companies that provide high tech products and also capital equipment for the Asian economic miracle are going to be hurt because there's an adjustment process that has to be gone through in Asia. It's going to take two to three years, and in the meantime they're going to see lower sales in Asia.
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Biggest Quotes
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.
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