What is an Exchange Traded Fund (ETF)?
ETF
Holding
Community
Quick Find
Screener
Blog
Ways to Play
Enter fund name, symbol or keyword or view all Funds
  Login / Register
5
Plays
 		The Recession and the ‘Paradox of Thrift’
ne bit of conventional wisdom about this recession is that it was caused, or at least significantly worsened, by a “ paradox of thrift”: Consumers suddenly ceased to be willing or able to spend like they once did. An alternative interpretation puts the labor market at ground zero, and sees the spending decline merely as a reaction to the labor market.
Submitted by
AmericanConsumer
11/4/2009
HyperLink play it email it
AmericanConsumer
11/4/2009
AmericanConsumer is playing it
ROBShort2.17%
RTHShort0.04%
RTLShort1.52%
XLYShort6.23%
XRTShort1.46%
I am playing this headline with (XRT RTH XLY ROB RTL) because something has got to give in this situation, either employment picks up and fuels more consumption or consumption falls. Given the labor market outlook, I'm going with a fall in consumption
 
reply
Page 1 of 1 (1 items)
Prev
[1]
Next
Users are playing this headline with
{ROB} {RTH} {RTL} {XLY} {XRT}
Users Online
No data to display
Copyright © 2009 ETFDesk LLC.  ALL RIGHTS RESERVED.    Privacy Policy   Contact Us

All information provided "as is" for informational purposes only, not intended for trading purposes or advice. ETFDesk is not liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the ETFDesk website, you agree not to redistribute the information found therein.

Copyright © 2009 QuoteMedia.  Data delayed 15  minutes unless otherwise indicated (View delay times for all Exchanges).   RT = Realtime,  EOD = End Of Day,  PD = Previous Day.   Market Data powered by QuoteMedia.  Terms of Use.
 stock quotes