With the world's focus on emerging markets and anxiously trying to bring the narrative back domestically as a reason to buy US stocks, we thought this simple chart would help clarify just how 'great' the US economy (70% of GDP is consumption we are constantly reminded) is doing...
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DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
I will go with Bernie Marcus founder of Home Depot who is in touch with the average customer and contractor that the economy is not going anywhere but down.
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