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American Consumers Are Still Struggling And That’s Bad News For The Market

 
KoFFee_
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User ID: 64801191
United States
04/09/2015 11:21 PM
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American Consumers Are Still Struggling And That’s Bad News For The Market
From a technical standpoint, the American economy is looking good. The economy has been adding on average about 200,000
new jobs a month and unemployment is down to 5.5%. The stock market is also booming and the housing market is on its way
to matching prices from before the housing bubble crashed.

Unfortunately, for the average American consumer, it sure doesn’t feel like a recovery. When you look behind the main
indicators and start digging into consumer data, you’ll see a few troubling patterns. The average consumer is struggling
and buried under debt, and that is nothing but bad news for companies, the stock market, and the entire economy.

Read the rest here:
[link to goldiraguide.org]
However, I consider my life worth nothing to me; my only aim is to finish the race and complete the task
the Lord Jesus has given me—the task of testifying to the good news of God’s grace. Acts 20:24

"This man really is the Savior of the world!" John 4:42

Look, he is coming with the clouds, and every eye will see him, even those who pierced him;
and all the peoples of the earth will mourn because of him. So shall it be! Amen.
I am the Alpha and the Omega, " says the Lord God, who is, and who was, and who is to come, the Almighty." Revelation 1:7
KoFFee_  (OP)

User ID: 64801191
United States
04/09/2015 11:24 PM
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Re: American Consumers Are Still Struggling And That’s Bad News For The Market
How about around the globe?

Russian Consumers Reflect the Pinch of Economic Sanctions


Russia got hit by three rounds of sanctions and the price of oil dropped, hurting the economy and the Russian consumer.
Read more:
[link to www.nytimes.com]
However, I consider my life worth nothing to me; my only aim is to finish the race and complete the task
the Lord Jesus has given me—the task of testifying to the good news of God’s grace. Acts 20:24

"This man really is the Savior of the world!" John 4:42

Look, he is coming with the clouds, and every eye will see him, even those who pierced him;
and all the peoples of the earth will mourn because of him. So shall it be! Amen.
I am the Alpha and the Omega, " says the Lord God, who is, and who was, and who is to come, the Almighty." Revelation 1:7
KoFFee_  (OP)

User ID: 64801191
United States
04/09/2015 11:26 PM
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Re: American Consumers Are Still Struggling And That’s Bad News For The Market
A Bloomberg analyst just traveled across China and came back with a serious warning for the global economy

This is ominous.

According to a report from Bloomberg's Timothy Coulter, Bloomberg Intelligence analyst Kenneth Hoffman just spent a
week traveling across China and he came back with a really gloomy outlook for the world's second largest economy.


Read more:
[link to www.businessinsider.com]
However, I consider my life worth nothing to me; my only aim is to finish the race and complete the task
the Lord Jesus has given me—the task of testifying to the good news of God’s grace. Acts 20:24

"This man really is the Savior of the world!" John 4:42

Look, he is coming with the clouds, and every eye will see him, even those who pierced him;
and all the peoples of the earth will mourn because of him. So shall it be! Amen.
I am the Alpha and the Omega, " says the Lord God, who is, and who was, and who is to come, the Almighty." Revelation 1:7
KoFFee_  (OP)

User ID: 64801191
United States
04/09/2015 11:38 PM
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Re: American Consumers Are Still Struggling And That’s Bad News For The Market
Well, let's hope this is true:

While consumer demand has been soft, economists say households will soon go shopping again.

U.S. Consumers Will Open Their Wallets Soon Enough
[link to www.bloomberg.com]
However, I consider my life worth nothing to me; my only aim is to finish the race and complete the task
the Lord Jesus has given me—the task of testifying to the good news of God’s grace. Acts 20:24

"This man really is the Savior of the world!" John 4:42

Look, he is coming with the clouds, and every eye will see him, even those who pierced him;
and all the peoples of the earth will mourn because of him. So shall it be! Amen.
I am the Alpha and the Omega, " says the Lord God, who is, and who was, and who is to come, the Almighty." Revelation 1:7
KoFFee_  (OP)

User ID: 64801191
United States
04/10/2015 12:00 AM
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Re: American Consumers Are Still Struggling And That’s Bad News For The Market
Can China challenge U.S. economic dominance with a new bank?
The Chinese-led Asian Infrastructure Investment Bank is signing countries up, challenging institutions like the World
Bank and International Monetary Fund (IMF) and threatening U.S. economic dominance in the process.

The Chinese launched the bank in October 2014, and despite U.S. attempts to keep its allies away, several have applied
to join the bank. Britain, Germany, France, Italy, Austria, and now Australia - which originally said it wouldn't join -
have signed on. Earlier this week, Iran signed on as a founding member.


Read more:
[link to www.cbsnews.com]
However, I consider my life worth nothing to me; my only aim is to finish the race and complete the task
the Lord Jesus has given me—the task of testifying to the good news of God’s grace. Acts 20:24

"This man really is the Savior of the world!" John 4:42

Look, he is coming with the clouds, and every eye will see him, even those who pierced him;
and all the peoples of the earth will mourn because of him. So shall it be! Amen.
I am the Alpha and the Omega, " says the Lord God, who is, and who was, and who is to come, the Almighty." Revelation 1:7
Anonymous Coward
User ID: 1626233
United States
04/10/2015 01:33 AM
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Re: American Consumers Are Still Struggling And That’s Bad News For The Market
Well, let's hope this is true:

While consumer demand has been soft, economists say households will soon go shopping again.

U.S. Consumers Will Open Their Wallets Soon Enough
[link to www.bloomberg.com]
 Quoting: KoFFee_


Yeah, and little green men will land "soon enough."





GLP