Word: consumerized
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"The consumer is very, very fearful - they have no idea where the bottom of this market is and they're very concerned that if they buy a piece of real estate now, that two or three years from now they'll see further significant erosion in the value of their...
Those fears were abundantly evident in a recent Conference Board report showing that consumer confidence took an unexpected dip, sliding 11 points in February, and the present-situation index, which measures consumers' opinions on current economic conditions, plunged to its lowest level in 27 years. "People are scared," says Herzberg...
It also helps explain why sterling has stabilized since the steep fall on Monday. The pound actually rose slightly against the dollar on Wednesday amid reports the Prudential deal was floundering and the release of data showing a rise in U.K. consumer confidence last month.
Lopez-Cantera believes the problem will continue until the racing-bike industry takes steps to limit who can buy the bikes. A recent effort to force buyers to have a license expressly for motorcycles before purchasing a racing bike, for example, was successfully stifled in large part by industry lobbyists...
Do you think it's a matter of people not knowing the true costs of a cheap meal or do they just not have many other choices because chips are cheaper than broccoli? I think it's a product of people not knowing. I don't think it's a...