consumer

Stimulus is 2009’s buzzword

January 31st, 2009|by Michael Ashley Schulman, Perspectives, The Big Picture|

Stimulus is 2009’s buzzword: market, consumer, real estate, corporate, and foreign stimulus. Looks like we need it! The S&P500 just lost 8.4% during the worst January in its history and the US lost half-a-million jobs. For benchmarking, 2008 set a record for the most jobs lost in a year since World War II. Large and […]

The average U.S. consumer remains in good health

January 31st, 2007|by Michael Ashley Schulman, Perspectives, The Big Picture, Writers|

The average U.S. consumer remains in good health, unemployment is low and job creation is strong. Therefore consumer disposable income still drives healthy demand for electronics, clothing and toys. Of course, a weak dollar helps keep the imported price of many of these goodies quite affordable. Nonetheless, there is a headline grabbing consumer undercurrent burdened […]

Hurricanes Katrina and Rita

August 31st, 2005|by Michael Ashley Schulman, Greg Pellizzon, Perspectives, The Big Picture, Writers|

On August 29 and September 24, Hurricanes Katrina and Rita respectively, struck the Gulf Coast.   The storms destroyed lives, entire towns, busy ports, and crude oil production and refineries: well over $100 billion of destruction. Along with the hurricanes, a wave of negative consumer sentiment has also flooded America and put a pall on domestic […]