Some Parts of the Economy are Booming - Like Yacht Building
Trader Mark (July 5th, 2008) Writes:
Since I don't want to make the blog a place of constant sour news I'm always on the look out for slivers of good news.... we've been talking for a long time about the weakness in discretionary spending and just hit recently on the troubles of those (normal folk) who buy normal boats for normal fun [Jun 30: Listen to the Companies, Not the Government Reports - Brunswick Corp (BC) and Smithfield Foods (SFD)] However, there is always a bull market somewhere! Such as the nuevo rich [Jun 27: Global Millionaires - the Shift from West to East] and the booming market for super yachts. Our global gilded age continues - the gap between rich and middle class will widen. (poor - non starter unfortunately - falling farther and farther behind). I look forward from writing this blog from my super yacht ...
Tags for this Post:
Booming Market, Brunswick Corp, Credit Markets, Current Market News, Custom Contracts, Discretionary Spending, East Russia, Emerging Economies, Fuel Prices, Gilded Age, International Superyacht Society, Luxury Vessels, Mega Yachts, S Smith, Shipbuilding Yards, Slivers, Smithfield Foods, Stocks to Watch, Technology Venture, Venture Capitalism, Yacht Building, Yacht Owners
Booming Market, Brunswick Corp, Credit Markets, Current Market News, Custom Contracts, Discretionary Spending, East Russia, Emerging Economies, Fuel Prices, Gilded Age, International Superyacht Society, Luxury Vessels, Mega Yachts, S Smith, Shipbuilding Yards, Slivers, Smithfield Foods, Stocks to Watch, Technology Venture, Venture Capitalism, Yacht Building, Yacht Owners


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