Signs of a Better Economy?
This year a key day of sales reflects some good news with how the economy may be shaping up. What are your thoughts? Are things going to shore up and find a ground of support?
<a href="http://cbs.marketwatch.com/news/story.asp?guid={A4C49326-A5CC-4E9E-9767- E7612ED59F03%7D&siteid=mktw" target="_blank">CBS Marketwatch Link</a>
Please weigh in with your thoughts.
Fellowship
<a href="http://cbs.marketwatch.com/news/story.asp?guid={A4C49326-A5CC-4E9E-9767- E7612ED59F03%7D&siteid=mktw" target="_blank">CBS Marketwatch Link</a>
Please weigh in with your thoughts.
Fellowship
Comments
My guess would be that most retailers should do very well, especially as so many tech gadgets are getting cheaper and better. I don't know that computer companies will have booming sales, as there just really isn't that much interesting new technology to speak of, with the exception of possibly Tablet PCs (which in my opinion are overpriced right now).
Whether the winter sales will be enough to get the economy in the right direction is hard to tell.
WE'RE IN A BAD ECONOMY
MUST SAVE MONEY
WE'RE IN A BAD ECONOMY
MUST SAVE MONEY
WERE IN A BAD ECONOMY
Go out and buy stuff like before 9-11 people!!! What makes you need or want so much less after that all happened? By the way, news flash: When you save money and not put it into the economy, the economy gets worse.
Like I said, hopefully that will change very soon.
But another 911 strike or bali blasts would send market confidence skydiving again.
All in all, the world better stop all those nonsenscial terrorist acts. i have high hopes for the world economy!
I don't think these early sales figures are evidence of us leaping out of a recession. It isn't going to just happen like that overnight. Especially not when we're probably going to go to war (whether we call it that or not) with Iraq within the next six months.
It isn't that 9-11 has made me want to buy or own less. I just can't afford much. Getting work in my industry is completely off, I don't know many freelancers who have had a good year. Companies can't spend the money right now, they're laying people off, freezing salaries, etceteras. The economy is most definitely not back on track, and I don't think a good shopping season would prove that. When freelance work picks up to the way it was four years ago, then yeah, I'll consider contemplating the idea of us being out of a recession.