Let's see here, if the consumer is 70% of the economy and cars aren't selling, or houses, or other big consumer items, stocks are prepped for a multi year rally???
Plotting the April Case/Shiller Housing Numbers [View article]
With the exception of the "mistake on the lake" (Cleveland) the charts seem to still be falling. So, we can assume housing and the American household net worth is still on the skids???
Wednesday Outlook: Bulls Storm In [View article]
I don't think so!
Plotting the April Case/Shiller Housing Numbers [View article]