Tag Archives: recession

Luxury’s Loss is Middle Markets’ Gain

Luxuries, big and small, are the first to go in a tight financial climate. Credit dries, splurges dwindle, the wealthy tighten the reigns and businesses reliant on superfluous spending begin to face significant challenges. We’ve watched this trend, waiting anxiously for the light to pierce the tunnel and despite Bernanke’s claim that the recession is over, it’s [...]

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Where Would the Jetsons Shop?

The consensus among economists and analysts of all kinds is that things have changed…forever. Although we didn’t sink nearly as far, this economic period will produce a generation defined by it just like our depression-era grandparents. When we adamantly preach to our children about the importance of paying off credit cards and taking on only debt that [...]

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Americans Curbing Consumerism…Permanently?

Will Americans go back to their old spending habits when the recession ends? Like many things with the economy, so much depends on housing.  In an article for USA Today, Wendy Koch seems to argue that with a few exceptions, our prudent side will dominate spending habits for years to come. 
Americans are moving on up [...]

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