Tuesday, March 25, 2008
In this horrendous economy who profits? Pawn shops and pay day loan companies. Any business that provides temporary relief to struggling every day lower middle class working stiffs down on their luck. Demand for cash is great, and the cost of capital is ever being lowered by the Federal Reserve. Check out Cash America International on the NYSE (Symbol CSH) and EZ Corp on the Nasdaq (Symbol EZPW) Both companies are the prime benificiary of the current economic crisis.
Posted by Steve at 12:43 PM