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Thursday, April 7, 2011

Could recent gains lead to greater (investor) confidence?

There is a lot of positive economic news lately, but I was particularly pleased to see this story from today’s USA Today. Stronger returns on mutual funds and other investments could bolster the confidence of everyday consumers. Click here to see the full story.

Implications: Few consumers were able wrap their head around the financial meltdown of 2007-2009. Many long-held assumptions about saving for retirement were shattered. Any indication that the financial markets have found their footing is a very good thing.

Mike Anderson, for the Elm Street Economics consumer trends blog. A service of The Center for Sales Strategy, Inc.

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