Did anyone see Gaybo & the Late Late Show on Friday. When asked by Tubs about the economy and prospects for next year Gay said he felt 2010 was going to be a bloodbath ( a rather poor choice of words tbh). This follows the Big Fella (Ben Dunne) two weeks ago, who said something similar. I think perception is reality for a lot of people on the back of RTE telling us all we're in the doldrums we probably will stay there for the foreseeable.
There was also a thing on Saturday Morning Radio 1 with John Murray. His show is called the business. They were around Dundrum on Saturday spying on the number of shopping bags people carried as being the best KPI. Apparently there werent many bags evident though this was on around 10 or 11am.
We maybe out of it technically but consumption is still in decline and that's the real indicator in my view. Retail/Hospitality jobs under big pressures next quarter.
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