Comments on: The Psychology of Consumer Sentiment http://mikeosorio.wordpress.com/2008/06/28/the-psychology-of-consumer-sentiment/ Mike Osorio's passion for retail, brands, and more... Mon, 12 Oct 2009 08:02:38 +0000 http://wordpress.com/ hourly 1 By: Barry Lauterwasser http://mikeosorio.wordpress.com/2008/06/28/the-psychology-of-consumer-sentiment/#comment-243 Barry Lauterwasser Wed, 02 Jul 2008 13:23:19 +0000 http://mikeosorio.wordpress.com/?p=68#comment-243 As a marketer, and student of consumer behavior, I am convinced there is a definite link between consumer spending, and confidence that they will have the money to pay for the consumption. O'Bama is in a tough spot. Conventional wisdom says he has to attack our miserable economic position created by a Republican President, and that a change must be made...but doing so means going negative on the economy... So I believe he will have to choose his words carefully, which he normally does...much better than he chooses preachers! LOL However, we are in the age of consumerism. We love to have our "stuff" and nobody consumes like American's. This is why, under even the extreme conditions we're facing (food, energy costs soaring, banks failing), we're able to continue to ink out small growths each month in consumer spending. It's really amazing. Although mainstream press refuses to give up their quest to report us into a recession... Which is why I host www.positiveeconomicnews.com There I posts some of my opinions on economic matters, although I am no economist. I do scour the news and scrape and post positive news about our economy. You'll see so much of it that simply never makes the news, or if it does, they look for the dark lining on the silver cloud. I suppose one could say that the press feeds us what we want to see, and that's a shame. I like to think we're more positive as a country, and the news outfits would be getting calls telling them to find at least something to say that's good.... Takes GM's sales results... CBS news reported the dismal results of automakers yesterday, but failed to mention that GM's stock ROSE yestersday, because they actually BEAT the analysts projections... **sigh** Nice site you have here... Best wishes.. Barry As a marketer, and student of consumer behavior, I am convinced there is a definite link between consumer spending, and confidence that they will have the money to pay for the consumption. O’Bama is in a tough spot. Conventional wisdom says he has to attack our miserable economic position created by a Republican President, and that a change must be made…but doing so means going negative on the economy… So I believe he will have to choose his words carefully, which he normally does…much better than he chooses preachers! LOL

However, we are in the age of consumerism. We love to have our “stuff” and nobody consumes like American’s. This is why, under even the extreme conditions we’re facing (food, energy costs soaring, banks failing), we’re able to continue to ink out small growths each month in consumer spending. It’s really amazing. Although mainstream press refuses to give up their quest to report us into a recession… Which is why I host http://www.positiveeconomicnews.com

There I posts some of my opinions on economic matters, although I am no economist. I do scour the news and scrape and post positive news about our economy. You’ll see so much of it that simply never makes the news, or if it does, they look for the dark lining on the silver cloud.

I suppose one could say that the press feeds us what we want to see, and that’s a shame. I like to think we’re more positive as a country, and the news outfits would be getting calls telling them to find at least something to say that’s good…. Takes GM’s sales results… CBS news reported the dismal results of automakers yesterday, but failed to mention that GM’s stock ROSE yestersday, because they actually BEAT the analysts projections… **sigh**

Nice site you have here… Best wishes..

Barry

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