Hi beerme,
The drop in consumer spending is the catalyst.
All the supposed green shoots have relied on the horrible data just getting less horrible. But consumer spending continues to get more horrible, and consumer spending is about 70% of US GDP.
Without a turn in consumer spending increasing, the green shoots will wither and die, and then we will be left with a completely bare paddock, and the seed already sprung and dead.
- pug
- Forums
- ASX - By Stock
- will gold shares hold up when market drops?
Hi beerme,The drop in consumer spending is the catalyst.All the...
-
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online