With the world’s focus on emerging markets and anxiously trying to bring the narrative back domestically as a reason to buy US stocks, we thought this simple chart would help clarify just how ‘great’ the US economy (70% of GDP is consumption we are constantly reminded) is doing…
Of course this should be no surprise when disposable income is collapsing.
Why should you be concerned…?
h/t @Not_Jim_Cramer
via Zero Hedge http://ift.tt/1nOHeYe Tyler Durden