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Has Personal Consumption Peaked?

Posted by StockBuz on June 21, 2013 at 9:00pm in Economic and Macro

This is just a theory being bandied about; one I don't necessarily buy the premise b/c PCE was much,much higher in the 70's but the market is all about psychology and the herd so enough believe it has topped.  Consider, if you will however, how much more can the consumer spend when $7.25/hr jobs are the only ones being created?  Just sayin'

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Tags: personal-consumption, pce, has consumer spending topped
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