If you really want to measure economic growth, keep your eye on one statistic—consumer spending.
One of the key determinants to economic growth in America is the level of consumer spending. That’s because consumer spending accounts for approximately 70% ... Read More
By: Sasha Cekerevac
Posted: July 18, 2013, 2:17 pm
We believe the stock market and the economy have been propped up since 2009 by artificially low interest rates, never-ending government borrowing and an unprecedented expansion of our money supply....