The Vanessa's Effect: The recession is over!

Since the fall of 2008, Vanessa's, the dumpling house on East 14th Street near Third Avenue, has advertised a recession special.



We figured when that sign came down, it would be Party Time again!

Well, light those cigars, fellas! No more "recession special!" (WOO!)

One Vanessa's insider told me that the dumpling patrons have a risk tolerance that is lower or unchanged compared to one year ago — even with the recent equity market rally. "That doesn’t mean all patrons are cashing in stocks, and hunkering down with bonds," the insider explained.

Indeed.

Meanwhile — Buns All Day for everyone!