There's two things that I like foaming at the mouth about: CE retail, and economics.
Sometimes I get to do both in one fell swoop. Is it a full moon tonight?
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Friday, September 28, 2007
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Punditry and observations on technology, and current affairs in Canadian and Global business.
Copyright 2010 by Lee Distad. All rights reserved.
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"one of the sharpest business bloggers there is" - Gary Weiss, investigative journalist and author of Wall Street Versus America.
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2 comments:
Being a Canadian consumer right now is like being a "Texas No Limit Hold 'Em" player in the big blind with four way action and you just flopped a set of Kings. Now all you have to do is wait for one of the other players to make their move and you can clean up.
Time, volume and power politics - you are so right, Lee. Just let them marinate for a bit and then the consumer's best weapon can win this whole thing. It's called patience.
And when the dust settles after this Christmas/Boxing Day/Week/Month is over the economic indicators for Canadian retail will be up - in the area of volume at least - and this will keep the Loonie buoyant.
My prediction - a strong Loonie for 2008 and a stronger economy in Canada. I think the opposition parties want to get an election in before the Conservatives can reasonably take too much credit for the high performing economy.
As for me,"I LIKE IT!"
Shalom
Lee,
Cross-border price disparity in the CE field? Dear God, peanuts. The delta in prices between Canadian and American automobiles is staggering. Ditto for pro-grade photographic equipment.
For those that complain, and have a poor understanding of the supply-chain dynamics, but want to take advantage of the strong dollar, there is a solution:
Buy it in the US and ship it here.
It might not be the same price if you had true price equity, but you have to give the market and the supply-chain to catch up. The dollar is moving faster than old inventory, simply stated.
Really. It's not rocket science folks: there's this thing called Th e Information Superhighway, which I heard was invented by Al Gore, all without carbon tax credits. Learn it and use it.
-AK
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