What's your take on a looming recession?
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I am going to reply to this quickly before heading up to the ski slopes It is pounding snow! The
y are calling for 3 to 4 feet The tourists are plentiful! The downtown resturants are busy The hotels are full! I drove through another vacation ski town about an hour away from my home, and there was not a empty parking spot in town, the strip malls and resturants where packed. I talked to clients over there and they told me the town was nuts, crazy busy! I do not know what your towns look like but here in CO during this ski season people are still traveling from far away and spending $$$$ on big vacations Please share what you are seeing in your area'sThis is a great ski year…no question. The snow is great! But with the tightening of discretionary spending I bet the 09 season will not compare to this 08 season.
Also, delete Looming from the subject line, according to Merrill Lynch. http://www.cbc.ca/world/story/2008/01/08/merrilllynchrecession.html