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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Earlie who wrote (37321)9/15/2005 6:48:29 PM
From: Chispas  Read Replies (1) | Respond to of 116555
 
"It was the US consumer that led the bull market and now the consumer is running out of gas. He has run out of savings. He is running out of available credit. He is running out of confidence. In the aggregate, practically all he has left is his 'home equity' which is probably at risk. You cannot rule out that for the US stock market, the sky may be falling...."

Martin Goldburg's Market WrapUp, 09-15-05
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