Quote:
Originally Posted by JohnnyD
No one trusts the economy right now. The market is in a relative state of purgatory, consumers are saving more than spending. I don't think consumers will start spending until it appears things have actually improved. The continuing of terrible unemployment rates (actual rates are reported over 20%) and the recent increases in fuel prices isn't going to have consumers splurging any time soon.
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I dont agree. Look at the real data. People are spending.