Word: consumerized
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The American shopper is dazed and confused. What do I really want, versus what do I really need? Sure, I can afford the plasma television now, but should I save that $2,000, in case I get laid off tomorrow? Can I really tell my snobby friends that I now...
Give us a snapshot of the American consumer landscape. We can divide the American consumer into thirds. There are a third of us who are in immediate danger of being downwardly mobile. And this stretches across all classes. It's the hedge fund manager who lost his job, and was...
Does the economy get worse from here or do the government programs recently signed into law increase confidence and start to put capital to work to create jobs and build businesses? In a downturn the bottom is only noticed after the fact. Data on employment, consumer spending, and capital expenditures...
Taxpayers will also be looking forward to benefits from the drop in the taxes that they pay to the government. One of two things will happen. Most of the money will go to savings and paying debts or it will work its way back into the economy in the form...
Apple (AAPL) will not lay people off because Steve Jobs would have to admit he had made a bad decision and that the company would not be appear to be perfect. This is, of course, only part of reason jobs at Apple are safe. The company has $24 billion in...