Tag Archives: recession

It’s still a recession

While the official prognosticators declared the recession over quite some time ago, yesterday’s retail report confirms for me we are still in a recession. While the great recession of 2009 hammered the high-end as well as the middle retailer, most recessions … Continue reading

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The 12 Days of Christmas

Every year a wealth management firm “prices” the items on the 12 Days of Christmas list. The cost this year for those items is up 11% over last year. Further evidence that the wealthy are back able to buy, per … Continue reading

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The recession has returned to normal

The recession which started at the end of 2008 was different from almost all earlier downturns in that consumers at all income levels cut back spending dramatically. Both high-end stores and mid-range stores lost sales, while the low-end held up for the most part. … Continue reading

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Value is always the name of the game

The San Jose Mercury News ran an article today on opening a business during a recession. The writer did a good job of profiling various businesses, especially retail businesses, that open during a recession and the thinking behind how and why … Continue reading

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Kicking butt in the downturn

W.W. Grainger Inc. last Wednesday reported an 18% drop in second-quarter profit but said it was able to carve out market-share gains even as the economy is showing no signs of a rebound. Apple® announced financial results for its fiscal 2009 third … Continue reading

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Was I wrong, or just premature

I have been surprised that since January 21, the press has not put a more positive spin on the economy. (I did predict that on this blog and even noted that it had appeared to start even before the inauguration.) … Continue reading

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Somebody’s doing something right

Amid the doom and gloom in the auto sector, here comes Audi with record sales for the 13th year in a row.  While Audi is a niche player in the industry (sales above 1M units for the first time), it … Continue reading

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