“But just a step lower, the market is vulnerable.”
Posted on October 11th, 2008 by Carl Vanderpal
The Wall Street Journal's John Paul Newport says the news isn't all bad for golf. There are still a lot of rich people! In North America alone, there are more than 40,000 families with investable assets of $30 million or more, according to the CapGemini/Merrill Lynch World Wealth Report, and approximately 300,000 U.S. taxpayers with reported annual incomes greater than $1 million, according to the IRS. Among them are many golf nuts. To say nothing of the huddled masses of superrich abroad.Howev
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