Fuel Gauge
In light of today's ~$120 Oil, this is all too true:
Tuesday, April 22, 2008 | 07:30 PM | Permalink
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Barry,
This does not explain the "things will improve in the second half-Dow 15,000 theory."
Next time you are on Kudlow and you hear someone mention this "things will be better in the second half thing...." Ask, how will things be better for the Consumer in the second half? Nobody ever explains that.
I like that little consumer figure, maybe Kudlow should have him skipping accross his screen from time to time to remind everyone that the consumer is 70% of this economy.
Posted by: Rich Shinnick | Apr 22, 2008 7:37:46 PM
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