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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (98376)6/7/2009 8:12:26 AM
From: Chispas  Respond to of 116555
 
"The Recession, Wal-Mart Style" -

Bloomberg News & New York Times, June 6, 2009

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With the recession in its 18th month and unemployment now topping 9 percent, even semi-conspicuous consumption is a distant memory. Consumers are hunkered down. But when they do venture out, chances are they’re on their way to places like Wal-Mart and other big discount chains............

nytimes.com