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How does a Wall St analyst spell “recession”?

Started by calm_girl, April 10, 2008, 08:18:25 PM

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calm_girl

How does a Wall St analyst spell “recession”?
      


M-A-R-C-H S-A-M-E-S-T-O-R-E S-A-L-E-S.
The overwhelmingly dreary news today from U.S. retailers reporting March sales results was enough for Lazard Capital Markets analyst Todd Slater to utter the “R” word with gusto.
Referring to a recession in consumer discretionary spending, Slater said: “The numbers on consumer discretionary spending this month indicate that a recession is in full swing.”
According to the Free Dictionary [...]
         

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