financial reality

Separating fact from fiction in finance and economics


Archives:

Meta:

Enter your Email


Preview | Powered by FeedBlitz

About Me:

  • InLibrisLibertas
    Location : Mill Valley, California, United States

    I'm an independent investor. I make my living from the returns on my investments. I work at home, in the northern part of the San Francisco Bay area. I spent most of my career as an executive in high-tech, although I also spent time in banking. Down to one kid in university now!

Recession De Luxe

July 9th, 2008 by reality

Bloomberg writes:

One of the last holdouts in consumer spending — luxury- goods purchases — may be collapsing under the weight of a sluggish and potentially contracting U.S. economy.

Posted in Income & Consumption |

Leave a Comment

Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.