Expect retailers to continue deep discounts into the New Year as they attempt to unload inventory on consumers, that have exhibited significant restraint during this holiday season, holding onto their dollars with a tighter grip than seen in recent years.
This is the time of year, where historically, retailers have unloaded inventory that has collected dust on shelves [...]
Archive for December, 2008
Retailer Discounts To Continue Through The New Year
Posted in Uncategorized, tagged Age of Austerity, auto bailout, business, commentary, consumers, economy, marketing, news, recession, retailers on December 29, 2008 | Leave a Comment »
HO HO No Santa Claus Rally
Posted in Uncategorized, tagged Age of Austerity, auto bail out, business, commentary, economy, finance, investing, stock market, wall street on December 24, 2008 | Leave a Comment »
A year in which many investors have had frigid returns well below zero is not warming up as we approach the finish line in a historical year in the markets, in which volatility was one of the few constants. The long awaited Santa Claus rally in the stock market appears to be in a deep freeze [...]
CEO4ADAY Presents: A Journey To Acquire
Posted in A journey to acquire, business, tagged A journey to acquire, Age of Austerity, business, CEO, commentary, economy, finance, investing on December 22, 2008 | 1 Comment »
I am going to begin writing about a journey, that I am beginning, as I attempt to acquire a platform company in partnership with a private equity firm. A journey that is likely to be more difficult given the current performance of the global economy. However, economic trials can provide numerous opportunities if you are prepared [...]
Oil Falls While Auto Bail Out Crawls
Posted in Uncategorized, tagged auto bail out, business, commentary, economy, finance, oil, White House on December 18, 2008 | 2 Comments »
The price of a barrel of crude oil fell below $37 today. Despite the OPEC decision on Wednesday to further reduce oil output by 2.2 million barrels per day, oil has tumbled to a level not seen in nearly 5 years. It was only a few short months ago, that speculators triggered a run on the [...]
Wal-Mart Games: Boards For Austerity
Posted in Uncategorized, tagged Age of Austerity, business, commentary, economy, Games, Monopoly, Wal-Mart on December 18, 2008 | Leave a Comment »
Strolling through the aisles at my local Wal-Mart today, I was surprised to see an abundance of board games on display. Games such as Parker Brothers Monopoly and Life, were well merchandised in a center aisle. As we read and hear more about entering the age of austerity, could this portend a return to more traditional lower cost [...]
The Fed Gets It Right
Posted in Uncategorized, tagged business, economy, finance, Investors, The Fed, wall street on December 16, 2008 | 1 Comment »
A tip of the hat to the Fed for their dramatic response today to the continued economic plight that we find ourselves in as we count down toward 2009. I can’t imagine that many Americans ever envisioned the Fed establishing a Fed funds target rate of between zero and one quarter of a percent but, that [...]
Investors On Bail Out Rollercoaster
Posted in business, tagged business, commentary, economy, finance, investing, politics, public, stock market on December 12, 2008 | Leave a Comment »
The emotional roller coaster investors are riding around the globe caused by the volatility in the stock markets as measured by the .VIX are equally matched by the volatility of the .PBI, the Political Bailout Index. While the public can be caught up in the high drama associated with these political solutions as evidenced currently by the [...]
Senate Republican Principles Could Bankrupt Auto Companies
Posted in Uncategorized, tagged auto bailout, business, commentary, economy, politics, Senate Republicans on December 11, 2008 | Leave a Comment »
With General Motors on the brink of Bankruptcy and Chrysler queuing up behind them Republican leaders in the Senate are opting to stand again on principle as opposed to acquiescing to an imperfect and temporary solution to the immediate ills of the US auto industry.
One need only to look back a few weeks and recall [...]
Obama Must Fuel Economic Engine
Posted in politics, tagged Age of Austerity, business, commentary, consumers, economy, finance, investing, news, recession on December 30, 2008 | 1 Comment »
Will the age of Obama become the age of austerity? As the president elect enjoys a family vacation in Hawaii we are drawing ever closer to the end of a year that may portend the beginning of the end of an economy dominated by rampant consumerism.
In less than a month, the world will witness the transfer [...]
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