``Unless there's another pressure out there to push the consumer down, it's not unreasonable to think we're bouncing along the bottom,'' he said in an interview.
I wonder if the pressure of $3.50 gas prices being eclipsed by $4.50 gas prices will be one kind of theoretical pressure "out there."
Of course my personal indicator of rather shaky times is a friend of a friend who took a two day weekend position at KFC in order to afford gas to get across town (Mesa to Glendale) to get to her primary job.
Or another friend in Idaho who had planned to visit Phoenix in August, only to determine that the cost/enjoyment ratio is too ridiculous to contemplate right now.
Nobody seems to know where this economy is going.
And speaking of general confusion, we awake to Microsoft and its vague yearnings again, and it is all rather unseemly. We can't help but think that Microsoft really needs to indulge in a session of therapy and get to know itself. The allure of Yahoo is merely masking certain issues that Microsoft is unwilling to face. Megan McArdle at Atlantic Monthly questions Microsoft's methods in beginning its overtures with the extreme option of takeover, as opposed to the smaller side deals that Microsoft is now inarticulately trying to articulate.
But those of us who have lived a little bit know that you can't truly make it with others until you are confident in where you are going yourself. Microsoft appears to be unable to explain in a clear manner where it wants to go or why Yahoo can take them to a place that they can't get to on their own. It is all very misguided, and again, unseemly.
Avert your eyes and money.
On a positive note, leading indicators for April shot up .1% so it must be time to buy that big screen. Yep.
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