Going forward it will be harder for them to maintain their spending - and their living standards.
In November, there will be a lot of ugly economic data out on Katrina's initial impact and that might make it harder for them to move at that time,
Investors are anticipating measurably slower profits growth. As a result, they're valuing companies that can produce good, solid earnings in an environment where earnings are going to be harder to come by.
Investors are anticipating measurably slower profits growth, ... As a result, they're valuing companies that can produce good, solid earnings in an environment where earnings are going to be harder to come by.