“The fundamentals of the ecomomy are strong.”
- John McCain
“The economy has taken a turn for the worse, big time. Consumption literally caved in. It is a prelude to much worse news on the economy over the next couple of quarters. The fundamentals around the consumer are all negative, and there are no signs of any help anytime soon, from anywhere.â€
- Allen Sinai, chief global economist for Decision Economics, a consulting and forecasting group.