A Stern Glance

Notwithstanding “spin” to the contrary by local apologists for the gaming and real estate sectors, as well as State officials, dressed in an increasingly transparent cloak of “expertise,” the recession has arrived in Las Vegas and is likely worsen through 2008.
Effects of the national economic downturn are have been impacting Las Vegas for several months, [...]

Recession: It has arrived and Stern And Company has written to the issue frequently over the past year, calling the warning signs as they appeared and providing analysis of the economics as the indicators flowed downward. Don’t count the stock market as an economic indicator; it’s an investor economy, no longer a worker economy and [...]