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Coach, Inc. Message Board

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  • patient2invest patient2invest Aug 31, 2007 8:12 PM Flag

    tomorrow's volume

    Yes, employment is high and is expected to stay that way for the forseeable future and interest rates are historically low.

    Spending is addictive. A study showed that buying things creates endorphons, especially in women. And endorphons resemble the opiates in their abilities to produce analgesia and a sense of well-being. In other words people get pleasure from spending and if they have money they will spend. People may slow their spending at times but that only means pent-up spending pressure later on.

    Here's an interesting article about the addictive behavior of shopping:

    http://www.webmd.com/mental-health/features/shopping-spree-addiction

    That's why I'm still bullish on retail.

 
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