Investment Trends; Consumers Tapped Out
The Milwaukee Journal Sentinel › December 26, 2005
Linked as:
Summary
As the curtain falls on 2005, some investment professionals are also kissing the consumer-driven economy goodbye.
Higher interest rates, a slowing housing market and lackluster employment growth are all stretching the average American's finances.See the full content of this document
Extract
Investment Trends; Consumers Tapped Out
That spells trouble for consumer spending, the engine that has been driving the U.S. economy.
"The current economic expansion of the last three to four years has been hugely geared to consumer spending, while corporations have been sitting on their wallets. We think that trend is going to start reversing in ...See the full content of this document
Sponsored links
