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Counter-Cyclical Spending (During Recessions)

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SPEND! SPEND!
Barry Ritholtz is advising his clients to spend money if they've got it, on things like vacation homes, boats, and art. "Prices have plummeted, consumers are de-leveraging, and cash is king, For those of you consumers who are value sensitive — and still have jobs — this current environment is far more attractive a period of time to acquire goods and services than the mayhem at bull market tops. Everything is priced to sell."
SOURCE:   The Big Picture

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