Detailed text transcripts for TV channel - MSNBC - 20120718:16:35:00
That the fiscal uncertainty, the conditions of the states and those kind of things, are creating this sort of environment of uncertainty that is making people put off spending. however, the housing market is showing signs of health and auto sales have been pretty strong, which given those are the two major bits of spending that normal americans do, it's pretty interesting that that's happening. i think it shows you actually some possibility of a stronger consumer environment than is widely talked about. doesn't mean good, doesn't mean strong. >> here's the problem, though. the thing is underne...
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