I expect interest rates to ease further, reflecting a slower economy.
Thanks to slow summer sales, an even slower economy and post-Sept.
"What we're dealing with now is a slower economy," he said.
The company cited an overall slower economy, lower prices and slightly higher costs.
I am looking at a slower economy but no recession.
Economists and state employment officials say, the slower economy has not yet led to significant unemployment.
"Everybody seems to agree you're about to see lower rates and a slower economy," he said.
Silver prices plunged in reaction to the slower economy and lower interest rates.
But the slower economy would mean a 4.1 percent increase in retail sales next year, he predicted.
A slower economy means there is less chance for prices to move higher.