The Economy Sucks, the Housing Market Sucks, and the Consumer Sucks Too ~ market folly

Thursday, August 28, 2008

The Economy Sucks, the Housing Market Sucks, and the Consumer Sucks Too

Okay, I know the title seems pretty morbid. But, it's more realistic than you might want to believe. I want to point readers to a well-written piece that assembles some great data regarding the state of the American Economy. The article is aptly titled The Great Consumer Crash of 2009. It is written by James Quinn, a senior director of strategic planning at the Wharton School, University of Pennsylvania (one of the most respected business schools in the country). I originally tried to pick out select parts of the article to present to you here. But, after re-reading his work, I've decided that you simply have to read the entire article. Check it out: The Great Consumer Crash of 2009.

And, if you find the article remotely intriguing, I highly suggest checking out some of Quinn's other articles found on his author's page on the same site.


1 comments:

Mark said...

But financials, retailers, and housing stocks are ripping!

Enough facts! More computer driven buying please!