Billy Ford

Wall Street Breakfast: Must-Know News

Its crazy how everyone keeps chanting "recession is over"..."recovery"..but yet retail sales keep steadily declining, week after week. Whats even crazier, is the simple fact that when discussing YOY, we are beginning to get into the time when things got really bad last year and we still are sloping down. Someone, anyone please enlighten me as to why we are so sure that this thing is over. Hey US govt, is the mind trick working yet..Just because you pump positive news into the media, doesnt mean people will feel all happy and go out shopping...oh thats right, they dont have a job, they cant