Wednesday, August 31, 2011

The Consumer

Economists have a heck of a time with the consumer. These types see a tanked confidence report, work that into their forecast; then it’s converted to crow bait by reality the next month.

The consumer is a tad difficult to understand if you use the left side of your brain. If you sense directly, as we do, you’ll do just fine.

A US economist said recently that the consumer is a mystery. No he is not.

US consumer activity will continue to "surprise" to the upside, flattening Wall St estimates.

Wild card - gasoline prices tagged to armed conflict, Mid East.
 

Robert Craven

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