[quote=paramount][quote=The-Shoveler]I am not saying you’er wrong I am just trying to figure out what the trigger would be (for next recession).
Low Oil prices? (I think this is more just the Saudis dumping oil than anything else).
Consumers? (I was out shopping yesterday and the carts were five deep at all the check-out stands and all the stands were open) (out to eat same thing, standing room only).
I am just not seeing the trigger this time.[/quote]
I see the same things, and to be honest I’m not sure. I do see that GDP dropped each quarter in 2015 until we saw 0.6% Q4.
I suspect credit is keeping things going for consumers. I went to Buca di Beppo last night and it was packed.
The auto industry boomed last year IMO because of very easy credit.[/quote]
Aren’t you guys both in TV? IMO, TV is a zoo. I believe there is a HUGE “captive audience” of “voracious consumers” there and I can well imagine that it must be hard to find a parking space anywhere.
Low gas prices are certainly helping the TV group consume more as they likely have some of the highest gas expense in CA due to their commutes.
btw, Buca di Beppo provides generous coupons to its e-mail fan base.
I think the auto industry did well in 2015 because leases ruled the day. Almost every ad or promotion I saw online (didn’t matter the make or model) was a lease offer.
