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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Paul Kern who wrote (67160)7/31/2006 5:15:48 PM
From: Broken_Clock  Respond to of 110194
 
Costco here in Kona is packed...every day. Gas and food. You could shut down very other market in town...

the Safeway shoppers are almost exclusively Mom's w/credit cards.

Foodland is singles or welfare that aren't Costco members.

I think Costco does well on food/gas during the coming recession. Their other lines may not do so well(furniture for example).



To: Paul Kern who wrote (67160)7/31/2006 6:36:21 PM
From: CalculatedRisk  Respond to of 110194
 
Mortgage Interest Payments as Percent of Disposable Personal Income ...

From GDP and Mortgage Interest
calculatedrisk.blogspot.com



The current ratio is at an all time high, breaking the record set during the previous housing boom in the late '80s. The ratio will probably continue to go higher since rates are increasing and there are a substantial number of ARMs that will adjust over the next couple of years.