Personal income up 0.1%.
Real disposable personal income down 0.3%.
Personal spending up 0.5%.
Real personal spending up 0.1%.
ISM Chicago sharply lower, deep in contraction territory.
Consumer sentiment rose.
The economy is struggling. The Fed and any administration will have to provide serious incentives to stop the current slump. Good news for the stock market?
George Dagnino, PhD Editor,
The Peter Dag Portfolio.
Since 1977
2009 Market Timer of the Year by Timer Digest
Portfolio manager
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