The other day I received an e-mail from a potential buyer who’s a bit spooked by the current economic environment. Not a unique thought, as I vaguely alluded to a few days ago when I talked about the upcoming election.
Durable goods orders were down, which isn’t a good thing economically speaking. In short, people are fixing their stuff – like an intrepid, beagle-owning real estate agent who keeps having to replace a pump on the washing machine because coins keep finding their way into pockets before they hit the laundry – rather than buying new stuff.
There ought to be more news about a possible brutal recession so let’s see what I can get from CNN.com.
Hmmm … Honey Boo Boo Child’s being told to shape up. Lord knows, if there’s any change in the caloric intake of that group Winn-Dixie and Popeye’s will be totally screwed over. Gotta keep an eye on that.
New home starts, no … existing sales, no … wait, here we go. Ke$sha has had sex with a ghost. Hmmm … now that I think on it, I don’t think that has anything to do with the economy but reminds me of something I told my mother when I was around 15 or so.
There has to be something here about the flopping economy … let’s see. Multi-millionaires are being told to stop flopping, does that count?
Finally, Wall Street news … stocks ended a very strong quarter on a down note, but other than the usual European doom and gloom, there’s not much there.
I’m a bit flummoxed. It’s not that I doubt the possibility of another recession but, really, how many people’s lives feel like the recession ever really ended? I don’t think there are that many people running around singing “We’re in the Money” these days.
Well, except for maybe Honey Boo Boo Child. Let’s keep hoping reality TV and hillbillies can keep us all afloat.