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1 results on '"Gongloff, Mark"'

1. Stock Weakness Likely Means Less Spending.

Author

Gongloff, Mark

Subjects
*STOCK prices, *ECONOMIC forecasting, *CONSUMPTION (Economics), *ECONOMICS, UNITED States economy, 2001-2009
Abstract

The author offers opinions on U.S. stock prices. The decline in prices in 2008 is seen as likely to contribute to further weakness in the economy. Consumers have been selling stock to finance consumption as borrowing has become more difficult. This means they will eventually lower the spending which is the foundation of the economy.

Published
2008

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