‘A little less cautious’ versus ‘Crash for clunkers’

By Geert De Lombaerde Posted on October 15, 2009 at 7:36 am

September retail sales came in better than expected, but opinions vary widely about where the consumer — and hence the economy — goes from here. Phil Izzo at the Journal collects some thoughts that span the spectrum.

While it looks like Wall Street employees will have the cash to buy holiday gifts, the country is a lot bigger and today’s retail sales give some pause to the notion that the economy has positively turned positive.

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Tags: consumer spending, economic indicators, economy, retail, retail sales  

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