Posted by Leonard Steinberg on March 18, 2011 The number of millionaires is almost at the level of those in 2007 reports the Wall Street Journal to-day. Bidding wars are back. There is a shortage of un-affordable housing. Kelly bags are wait listed at Hermes. Manhattan luxury pricing is breaking some records on even some… [Read More]
BIRTH RATE DIPS, GDP DIPS, DOW DIPS, CONFIDENCE DIPS…
The USA may indeed be following another European trend: The birth rate has dipped due to the recession according to a report on Yahoo news. This is an alarming trend: While reducing population that may require welfare, it is usually the more educated , wealthier citizens who cut back on family size thus reducing the… [Read More]