Found these gems in my reading list. If our foresight was just half as good as our hindsight we could all be rich! – WD0AJG
From the
REFLECTING BACK ON 2010
by Consumer Metrics Institute
By Consumer Metrics Institute
Reflecting back on 2010, we can offer a number of observations directly from our data:
– GDP growth rates can be significantly impacted by non-consumer line items. Manufacturers building inventory, export growth, increased governmental spending and (counter-intuitively) consumer cut-backs on imported goods have all increased the GDP during portions of 2010 even as “real final” consumer commerce remained relatively flat.
– This recession was not a shared experience. Some consumers were especially hard hit by the downturn, just as they may have been
“And Now the Rest of the Story – “Buried in the investing reading list