Recent economic data gives us confidence that corporate spending is coming back to life, so I'm hoping sales could be above $5 billion. That would set a strong tone for the rest of the year,

Management has developed a good knack of over delivering on its strategy so far and that gives us significant confidence going forwards.

They're very demanding of the tenants. They shop us. If there's a problem with a sales associate, they call me in Rome.

We have already had strong July car sales, and now with consumer confidence this strong we get the impression households could repeat the spending spree we saw last summer.

We have every confidence in this continent.

Globally, confidence is still positive but we can't expect sales to take off or spending to surge. What seems to be happening is that while the jobless rate is falling, people are seeing less salary rises as the 35-hour week brings wage moderation, so morale is not so good among consumers.