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HokieNerd

Joined: 09/09/2006 Posts: 4442
Likes: 4179


If folks are scared, regardless of the reality of the situation,


their buying and investing habits change. Certain products viewed as non-essential are shunned, money is held tighter and/or moved into 'safer' investement vehicles, etc...

Colo's original post indicates that that seems not to have happened yet. But all it takes is a quick kick to the gnads to change the way consumers feel about short and long term prospects. I am no economic major or anything, but we have all experienced abrupt changes in sentiment that have caused issues - think toilet paper shortage....hoarding, etc....housing market...

(In response to this post by SteveInBaltimore)

Posted: 02/25/2022 at 07:40AM



+1

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Current Thread:
  All I know is this -- VT Pops 02/24/2022 9:14PM
  Do you work on Wall Street? ** -- Brown Water 02/24/2022 8:24PM
  Good one. ** -- Stork 02/25/2022 04:18AM
  …this is your wake up call -- chumley 02/24/2022 8:42PM
  Can you elaborate on that a bit? -- SteveInBaltimore 02/24/2022 9:00PM

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