Posted on 11/07/2007 1:35:35 PM PST by 1rudeboy
There was no real housing credit crunch last year or '04 through '06 and a gallon of gas was approx 60 cents cheaper per gallon last year at this time. This year maybe different and we might have a real slowdown.
Going to FL to visit my parents Thanksgiving.
I can see why retail executives might wish to lower expectations, but unlike the MSM, they don’t try to scare people out of coming to their stores.
ah, the smell of napalm in the morning!
The financial news is only targeted at Wall Street. Retail customers typically don’t pay as much attention to the ‘news’ as they do the advertisements for whatever the new ‘it’ product is this year. (If there is no ‘it’ product, then retail really IS screwed like they are claiming.)
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