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Consumer mentality
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SeniorCitizen
Posted 1/15/2008 14:48 (#283858)
Subject: Consumer mentality


Always some interesting items on this website:


http://calculatedrisk.blogspot.com/

Question now is, "How robust does the consumer feel about spending?...while the value of his/her home is sinking into into the toilet, the banking soundbytes are not particularly positive, and the equity in the pension sinks just a bit every day." The pressure is obviously on BEN.

Next item soon on the media plate, will be the poor consumer paying more for his/her food and the food for Fido. The oil boys took their whipping, now the media trucks may soon be watching rural banks & watching producers depositing grain checks. Might be time to begin work on damage control comments just in case you get cornered by a camera and an obnoxious person with a microphone.
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