Gerald Celente, founder and director of The Trends Research Institute says there is a new hope for the economy.
Holidays are the new hope for the economy as he put it in December “Look what happened to Christmas. That whole Christmas thing of holiday gift-buying is only about 110 years old, and that was made up by the retail industry.
It’s a holiday retailers, in particular, are looking to now as it gets tougher and tougher to make sales.”
Now that the Easter bunny came around, Gerald Celente declared it as a spark of a new hope. Easter has recently been a day when people buy gifts for one another. Retail stores are aware of this and their sales will evidently rise as more holidays come down the road.
Celente sees this as a salvation since it gets tougher and tougher to make sales. “And remember, it’s spring,” Celente adds. “People want some enjoyment after the dreary winter, so it’s the perfect holiday to capitalize on, in that it’s bringing with it a new hope.”
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