Shannon Zimmerman
speaker
587 appearances
8 recordings
1 series
first heard Apr 2009
last heard Nov 2009
Shannon Zimmerman’s voice in public audio — every appearance, attributed to the second.
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Appearances
Most economists seem to think that that's the figure that we're going to arrive at by the end of the year.
And when consumers are not spending and they're saving more, that's ultimately a good thing for the long haul.
But when the economy needs stimulating, that's not helping much of anything.
And so from the investing perspective, you know, people need to take a look at economic and fundamental corporate fundamental reality and compare that to a market that's risen by 40 percent since the March lows.
Are there bargains out there to be had?
Yes, absolutely.
But right now it pays to be choosy and people should cultivate their inner stock snob.
Yeah, that speaks to the whole the issue of consumer spending.
You know, again, 70 percent of the economy is powered by consumer spending.
When people are holding back and that was reflected in the retail numbers that came out for July.
Right.
That's not going to simulate the economy.
And even though, you know, of course, it is good news that people are fewer people are out of work, depending on which metric you want to use to look at that.
People need to have some reality and have some perspective on the reality of the situation and not pop the cork in the champagne quite yet.
Well, I think that this was inevitable at some point.
It's almost like a comedian inviting a heckler on stage for a laugh.
And Google's not joking when it comes to the operating system competition, both for computers and for mobile devices, despite what Seth would say, were he here.
Well, only because I know what Tim is going to say.
I'm going to take the opposite side of that argument.
I'm going to say Google, even though it's an ad sales company.
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