Re: Consumers Cry All the Way to the Mall
- From: aeronaut@xxxxxxxxxx
- Date: Fri, 30 Nov 2007 06:58:42 -0500
On Thu, 29 Nov 2007 21:34:05 -0800, "FrediFizzx"
<fredifizzx@xxxxxxxxxxx> wrote:
Those are all stocks heavily correlated with the housing slowdown. But
HD and SHLD were plenty busy when I go there; must be poor top
management. ;-) There are plenty of people not affected by housing
that are still spending.
Reckless consumers will spend themselves into debt, and then find ways
to finance it...Wait'll it hits a wall.....
.
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