I predict Black Friday/Christmas is going to be a huge bust.

at the time of this post gold has just reached an all time high AGAIN.

crash? when the dollar strengthens i guess, not anytime soon.

spend spend spend my little lovelies , the economy is depending

on you, but pardoxically, u gotta learn how to save lol
 
Quote from KINGOFSHORTS:

With Credit Card companies sending to millions of consumers rate increases that will get their cards up to the 30+% range (on future purchases and existing balances) It will scare the shit out of the consumer.

CC companies did the mailings right in time for the holidays for the increase notification (the majority kicking in mid december, the remainder in mid JAN 2010)


Since Consumption requires easy cheap credit (Since industry is not rewarding employees for higher record productivity and pocketing the difference)

2009 Holiday season will be the worst yet, making 2008 like a practice session.

No analysts seem to be taking into consideration the huge credit cost increase being passed on to the consumer and the high unemployment fear + accelerated debt servicing that will take place due to increased fees/interest.
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nope. it will be up this year. the reason? the weather. the weather is supposed to be nice nationwide.
 
Black Friday will be OK, but there will be little follow through for the remainder of the season which will crush retail. Jan. and Feb. will bring numerous BK's in retail.
 
Quote from R. Raskolnikov:

That's what I was getting at, or trying to at least :)
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That was very very dumb. (Yes, I said that without comma's, sue me.)
 
i didnt' see any really good deals to begin with..
there is a netbook for $150 at staples or officemax but that's about it.
 
My wife and I decided we aren't getting each other Christmas gifts this year. Financially, I have the best balance sheet I have had at any point in my life. I am one of them there 'collage' grads, so the recession has not impacted me at all.

I'm sure there are many MANY other families making the same decision. Remain sensible and preserve liquidity! Oh, I may get myself a netbook for the helluvit..
 
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