Delos Smith
Delos Smith
fox hours msnbc people pounding war
A lot of people don't read newspapers, and we don't have 24 hours a day of CNN, MSNBC and Fox just pounding you with war news.
gasoline higher impact prices
This is not a very pretty picture. The higher gasoline prices had more of an impact that most had expected.
behind cautious people relaxed report saying suggest troubles
You don't want people to be cautious if you want them to buy. You want them relaxed and saying their troubles are behind them. This (employment) report doesn't suggest that.
biggest empty market people
It's the biggest market we have, because people don't live in empty houses.
cnn longer mood retail suspense
As long as suspense lingers, you will have a longer CNN effect. That's not what you want -- mood is very important for the retail world.
buy consumer consumers current everybody involved people pleasure
You want the consumer buoyant. Most consumers are not current-events oriented. When you get everybody involved in current events, when they usually are not, then people are not going to go out and buy things just for pleasure of it.
bad christmas country forget material
It's a bad Christmas if you're a retailer. It's not a material Christmas. You can't forget this. I don't think the country can forget it.
bad recession time
Probably Asia's diminishing a little bit. But I don't think that this suggests any kind of bad time or recession coming.
coming grass kinds nice
I see robins and the grass coming up and all kinds of nice signs. But it has to be proven.
business fingers leaks
I've been in the business 40 years...almost 40 years. I can tell you the leaks in 40 years and I won't even use all the fingers on one hand.
ends key whether
The whole key is whether or not (a war) ends quickly.
corporate equity greed lack market people
Corporate scandals, equity market problems, a lack of transparency, a lot of greed -- it was not just the Dow falling, it was all of these things that make people very, very nervous.
certainly consumer effect gas mean negative numbers prices retail sales seen weekly
We haven't yet seen the negative effect of gas prices on consumer spending. It's certainly not here in these numbers. That doesn't mean it's not there. Certainly the weekly retail sales numbers have been sluggish.
certainly low mean report start takes time turning
When it's as low as it was, it takes time to start turning it around. Today's report doesn't mean there's a boom, but it certainly is encouraging.