Home › Forums › Financial Markets/Economics › Xmas Season Predictions
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November 24, 2009 at 4:39 PM #487133November 24, 2009 at 4:56 PM #486277Nor-LA-SD-guyParticipant
Not a blow out, but much better than almost anyone thinks it will be.
Just my guess.
Also I think they will not attempt to pull the stimulus until you see good sized New housing projects (communites of say 1000 homes or more) going up here and there.
Will it crash again after that ??? just too far down the road for me to think about.
November 24, 2009 at 4:56 PM #486443Nor-LA-SD-guyParticipantNot a blow out, but much better than almost anyone thinks it will be.
Just my guess.
Also I think they will not attempt to pull the stimulus until you see good sized New housing projects (communites of say 1000 homes or more) going up here and there.
Will it crash again after that ??? just too far down the road for me to think about.
November 24, 2009 at 4:56 PM #486819Nor-LA-SD-guyParticipantNot a blow out, but much better than almost anyone thinks it will be.
Just my guess.
Also I think they will not attempt to pull the stimulus until you see good sized New housing projects (communites of say 1000 homes or more) going up here and there.
Will it crash again after that ??? just too far down the road for me to think about.
November 24, 2009 at 4:56 PM #486906Nor-LA-SD-guyParticipantNot a blow out, but much better than almost anyone thinks it will be.
Just my guess.
Also I think they will not attempt to pull the stimulus until you see good sized New housing projects (communites of say 1000 homes or more) going up here and there.
Will it crash again after that ??? just too far down the road for me to think about.
November 24, 2009 at 4:56 PM #487138Nor-LA-SD-guyParticipantNot a blow out, but much better than almost anyone thinks it will be.
Just my guess.
Also I think they will not attempt to pull the stimulus until you see good sized New housing projects (communites of say 1000 homes or more) going up here and there.
Will it crash again after that ??? just too far down the road for me to think about.
November 24, 2009 at 5:06 PM #486287jpinpbParticipantI think the retail sector will be healthy this season. The reason I think this is b/c there are just sooooo many people living for free in homes. I honestly think that is one reason why our economy hasn’t been worst off.
Think about this. What takes the biggest chunk of your salary? Housing and transportation are probably the major ones. If you are not paying your mortgage for a year+ that means you have extra “income.”
I am not going to underestimate the impact that is having on the economy. The unemployment numbers are higher than usual, but people not paying their mortgage equals money being spent and some people are still keeping their jobs thanks to that consumer spending, for whatever it is, be it groceries, clothes, toys or restaurants.
Thanks taxpayers! (we are more socialistic than we even know)
November 24, 2009 at 5:06 PM #486453jpinpbParticipantI think the retail sector will be healthy this season. The reason I think this is b/c there are just sooooo many people living for free in homes. I honestly think that is one reason why our economy hasn’t been worst off.
Think about this. What takes the biggest chunk of your salary? Housing and transportation are probably the major ones. If you are not paying your mortgage for a year+ that means you have extra “income.”
I am not going to underestimate the impact that is having on the economy. The unemployment numbers are higher than usual, but people not paying their mortgage equals money being spent and some people are still keeping their jobs thanks to that consumer spending, for whatever it is, be it groceries, clothes, toys or restaurants.
Thanks taxpayers! (we are more socialistic than we even know)
November 24, 2009 at 5:06 PM #486829jpinpbParticipantI think the retail sector will be healthy this season. The reason I think this is b/c there are just sooooo many people living for free in homes. I honestly think that is one reason why our economy hasn’t been worst off.
Think about this. What takes the biggest chunk of your salary? Housing and transportation are probably the major ones. If you are not paying your mortgage for a year+ that means you have extra “income.”
I am not going to underestimate the impact that is having on the economy. The unemployment numbers are higher than usual, but people not paying their mortgage equals money being spent and some people are still keeping their jobs thanks to that consumer spending, for whatever it is, be it groceries, clothes, toys or restaurants.
Thanks taxpayers! (we are more socialistic than we even know)
November 24, 2009 at 5:06 PM #486916jpinpbParticipantI think the retail sector will be healthy this season. The reason I think this is b/c there are just sooooo many people living for free in homes. I honestly think that is one reason why our economy hasn’t been worst off.
Think about this. What takes the biggest chunk of your salary? Housing and transportation are probably the major ones. If you are not paying your mortgage for a year+ that means you have extra “income.”
I am not going to underestimate the impact that is having on the economy. The unemployment numbers are higher than usual, but people not paying their mortgage equals money being spent and some people are still keeping their jobs thanks to that consumer spending, for whatever it is, be it groceries, clothes, toys or restaurants.
Thanks taxpayers! (we are more socialistic than we even know)
November 24, 2009 at 5:06 PM #487148jpinpbParticipantI think the retail sector will be healthy this season. The reason I think this is b/c there are just sooooo many people living for free in homes. I honestly think that is one reason why our economy hasn’t been worst off.
Think about this. What takes the biggest chunk of your salary? Housing and transportation are probably the major ones. If you are not paying your mortgage for a year+ that means you have extra “income.”
I am not going to underestimate the impact that is having on the economy. The unemployment numbers are higher than usual, but people not paying their mortgage equals money being spent and some people are still keeping their jobs thanks to that consumer spending, for whatever it is, be it groceries, clothes, toys or restaurants.
Thanks taxpayers! (we are more socialistic than we even know)
November 24, 2009 at 5:42 PM #486307HatfieldParticipantA friend of mine who sells consumer electronics stuff says this 4th quarter for him has been a lot stronger than it was a year ago.
I don’t know how healthy retail will be this Christmas, but my guess is that it will be stronger than last year. This time last year, the collapse was still new. Now that we’re just sort of muddling along, this is the new normal, at least for now. I don’t know if confidence itself is much higher, but at least the average consumer probably is not panicked or freaked out as they were a year ago.
BTW, I do think it’s sad that the consumerist orgy that is Christmas drives our economy to any measurable degree, but that’s another topic for another time.
November 24, 2009 at 5:42 PM #486473HatfieldParticipantA friend of mine who sells consumer electronics stuff says this 4th quarter for him has been a lot stronger than it was a year ago.
I don’t know how healthy retail will be this Christmas, but my guess is that it will be stronger than last year. This time last year, the collapse was still new. Now that we’re just sort of muddling along, this is the new normal, at least for now. I don’t know if confidence itself is much higher, but at least the average consumer probably is not panicked or freaked out as they were a year ago.
BTW, I do think it’s sad that the consumerist orgy that is Christmas drives our economy to any measurable degree, but that’s another topic for another time.
November 24, 2009 at 5:42 PM #486849HatfieldParticipantA friend of mine who sells consumer electronics stuff says this 4th quarter for him has been a lot stronger than it was a year ago.
I don’t know how healthy retail will be this Christmas, but my guess is that it will be stronger than last year. This time last year, the collapse was still new. Now that we’re just sort of muddling along, this is the new normal, at least for now. I don’t know if confidence itself is much higher, but at least the average consumer probably is not panicked or freaked out as they were a year ago.
BTW, I do think it’s sad that the consumerist orgy that is Christmas drives our economy to any measurable degree, but that’s another topic for another time.
November 24, 2009 at 5:42 PM #486936HatfieldParticipantA friend of mine who sells consumer electronics stuff says this 4th quarter for him has been a lot stronger than it was a year ago.
I don’t know how healthy retail will be this Christmas, but my guess is that it will be stronger than last year. This time last year, the collapse was still new. Now that we’re just sort of muddling along, this is the new normal, at least for now. I don’t know if confidence itself is much higher, but at least the average consumer probably is not panicked or freaked out as they were a year ago.
BTW, I do think it’s sad that the consumerist orgy that is Christmas drives our economy to any measurable degree, but that’s another topic for another time.
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