Relevant:
- Goldman Indicator, Moribund Retail Spending Portend Ill For Fed Hike
- Super-Weak Consumer Landscape Portends Poor Retail Earnings Soon To Come
- Are Defaults Really Driving Retail Spending?
- U.S. retail sales blow expectations in September; but dark clouds gathering
- If This Consumer Spending Chart Doesn't Change Direction, Look Out Retail Stocks
2010-04-19 — housingwire.com
A few weeks ago I pondered out loud if millions of troubled homeowners, without the burden of a monthly mortgage payment, were instead spending their money on other things — and if that might explain at least some of the recent strength in consumer spending.
Wow, did that ever open a can of worms.
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