Home › Forums › Financial Markets/Economics › Xmas Season Predictions › look at the consumer
look at the consumer confidence numbers it’s sitting at 50.
so it’s not as bad as last year, but, people are unhappy. We bought a few things for christmas but mostly durables and things we just kind of needed.
people who aren’t paying their mortgages, are hoarding cash to pay off consumer debt or to plan for the inevitable foreclosure and eviction.
