Here is yet another alamrming article on the state of the financial union. Can you say no cash flow? The only question remaining is when will equities show what is really going on. I recall throughout the entire Bull run the CNBS'ers frequently reffered to the consumer as what was propelling the market upward. Well if this article is any indication of the continued falling cash flow of the american consumer it becomes fairly easy to predict what is about to occur. Especially when other factors such as rising commodotity prices, rising mortgage rates (in spite of the Fed), and falling housing vaules which put more pressure on personal liquidity are added to the equation. It just don't look good. Call it Doom and Gloom or completely pessimistic, but folks I live in reality.
http://online.wsj.com/article/SB120417048103899149.html?mod=todays_us_personal_journal
Blog description
- Rodney
- A place for friends to gather and view stock market charts, discuss technical analysis and market outlook. What is your Principal Asset? How can it be developed? Each and all should do their own due dilligence and homework before investing. And by no means should you use anything I say or show here as a sole basis to buy or sell securities as everything is for educational experience only.
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