Archive for August, 2009

Consumer spending habits “forever” changed?

14 August 2009 by Christopher Suleske

Kristin BENTZ (by way of Peter GORENSTEIN) argues that the recent contraction of consumer spending is a permanent phenomenon:
Someone who wasn’t surprised by the weak data is former Wall Street retail analyst Kristin Bentz. “It’s going to take this consumer a long time to recover,” she says. The author of the retail focused investing blog, [...]