Archive for the ‘interest’ Category

So retail sales are up 0.3%…

February 13, 2008

To be honest with you, I am not surprised.  With these interest rate cuts, many new credit opportunities have opened up for more retail purchases, for example 0% rates on credit cards for 12 months.  This causes people to consume more, but it is a short term gain.  Unless we start seeing true growth in the mobile industry’s advertising platform+hiring more people, or clean tech starts to really take off not just headlines about it…This slowdown should continue.