i'm in for brenda buttner. this is "bulls and bears." consumers saving over 500 bucks from the low pump prices. when the final numbers come in, it's not expected to pump up holiday sales. why not? the bulls and bears this week. gary b. smith, jonas, john along with suzy welch and chuck. welcome all. suzy, consumers have more cash in their pockets, but you don't think that goosed holiday sales, why not? >> people are not splurging. slow, economic growth is the new normal in america. there are pockets of sensational things in silicon valley. most of the country feel on the edge with job security. the drop in oil prices is why it's crushing companies profitability. college graduates are not getting the jobs. that puts a dent in the debt. on top of this, because of terrorism, you have a psychological dynamic. this has been going on for longer than just this fall. gary b., to you. let's talk about the spending with consumers. it's been falling for some time, now, right? >> exactly and rightfully so. suzy alluded to a couple good points. when

i'm in for brenda buttner. this is "bulls and bears."sumers saving over 500 bucks from the low pump prices. when the final numbers come in, it's not expected to pump up holiday sales. why not? the bulls and bears this week. gary b. smith, jonas, john along with suzy welch and chuck. welcome all. suzy, consumers have more cash in their pockets, but you don't think that goosed holiday sales, why not? >> people are not splurging.

i'm in for brenda buttner. this is "bulls and bears."bucks from the low pump prices. when the final numbers come in, it's not expected to pump up holiday sales. why not? the bulls and bears this week. gary b. smith, jonas, john along with suzy welch and chuck. welcome all. suzy, consumers have more cash in their pockets, but you don't think that goosed holiday sales, why not? >> people are not splurging.

i'm in for brenda buttner. this is "bulls and bears."he bulls and bears this week. gary b. smith, jonas, john along with suzy welch and chuck. welcome all. suzy, consumers have more cash in their pockets, but you don't think that goosed holiday sales, why not? >> people are not spluin