Consumer-Led Recovery Story
Thursday, June 18th, 2009
This story, “On Borrowed Time : Consumer-Led Recovery” was in The Wall Street Journal on June 9. I found the chart and its implications to be interesting. One is led to wonder “how much gas is left in the tank” with regard to Household Debt as a Percentage of Disposable Income. This is especially an issue with ”Income” and asset values under pressure.
Also, there are various implications concerning Sustainable Prosperity…
http://online.wsj.com/article/SB124449816432295655.html
SPX at 911.96 as this post is written
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