Investment Trends; Spending On Pets Expected to Soar; Revenue Is Mostly Recession-Proof Because They Are Considered Family

Summary

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Fluffy, Fido and Spot tug at their owners' hearts and in many cases, their wallets.

Investors, even those who don't have a pet, can take advantage of the growing amount of money that owners spend on their dogs, cats, fish and other non-human friends, says a graduate student in the University of Wisconsin-Madison's business school.

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Investment Trends; Spending On Pets Expected to Soar; Revenue Is Mostly Recession-Proof Because They Are Considered Family

"Because people are spending more and more on their pets, there will be a push in services like styling salons and doggie day camps, and in pet health care," said Adam Sweet, who is seeking an MBA in finance and is a participant in the s...

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