Americans Get Frugal

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What's in a Name: Generic versus Brand Name Auto Parts (The Auto Channel)
"Unlike many consumer products such as food, there are no government regulations on most auto parts. Yet poorly made auto parts can pose a real safety risk." Doesn't this pose a real danger to drivers? Take a look at the article below.
Form Follows Function in Housewares 2010 (The Gourmet Retailer)
Value, quality and functionality are the new buzzwords in housewares as manufacturers seek to find a middle ground for both penny-pinchers and investors in 2010.
Americans Using Tax Refunds to Improve Their Finances, First Command Reports (Business Wire via Yahoo! Finance)
FORT WORTH, Texas----Americans are continuing their frugal ways at tax time, with the majority of middle-class consumers planning to put their refunds towards savings and paying down debt , according to the First Command Financial Behaviors Index™.
Don't bet on a recovery (Resource Investor)
It is astounding how many economists, government officials, and Wall Street strategists construe the current economic conditions as evidence of a bona fide recovery.
State's economy suffers as new car sales plummet (Milwaukee Journal Sentinel)
The recession was the most obvious culprit. But improved quality also has meant that cars last longer, allowing consumers to delay that next trip to the showroom - especially in Wisconsin, where many of us like to drive our cars until they die.
Don’t Bet on a Recovery (The Daily Reckoning)
I would challenge those who fantasize about a consumer-led recovery to describe where the spending money will come from.
(AFX UK Focus) 2010-03-02 17:18 UPDATE 4-Staples issues tepid FY forecast; shares fall (Interactive Investor)
By Dhanya Skariachan
Independent Investment Advisors Say Frugal Is the New Normal for Affluent Americans, According to Schwab Study (Business Wire via Yahoo! Finance)
SAN FRANCISCO----Independent investment advisors see a renewed emphasis on personal financial discipline emerging as the silver lining of the worst stock market downturn since the 1930s, according to Charles Schwab’s most recent survey of independent registered investment advisors.
Don't Bet on a Recovery (GoldSeek.com)
By: Peter Schiff, Euro Pacific Capital, Inc. It is astounding how many economists, government officials, and Wall Street strategists construe the current economic conditions as evidence of a bona fide recovery.
Wall to Wall Street Coverage: Upgrades and Downgrades (Minyanville via Yahoo! Finance)
Maybe the experts know something we don't know.