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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (525)2/24/2004 10:28:18 AM
From: gregor_us  Read Replies (3) of 116555
 
This Is Too Easy: Consumers in the Aggregate Have Seen

a rise in debt service, a rise in the price of fuels for both the home and auto, and yet, a fall or a stagnation of their wage growth. Accordingly, they are sending this information back to the market-place in surveys like this Consumer Confidence reading.

Understanding this US Economy is getting too easy. Meanwhile, the experts find it all "mysterious" and hazy, and "curious."

No rocket-science, here!
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