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To: nhwingut
Additional data coming out this morning was also interesting...

Retail Sales in U.S. Rose Less Than Forecast

5 posted on 01/12/2012 6:09:58 AM PST by mewzilla (Santelli 2012)
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To: mewzilla
I seem to recall a post on NR that said "consumers are spending lustily" (this Christmas). Can't recall which fool said it.

Fools. Fools and tools. The entire stable at NR should be canned, starting with Lowry. They feed the Big Lie that the 'economy has turned the corner'. Like every other Wall Street suit, they want all of us shlubs to come running back to buy their mutual funds so they can collect nice fat brokerage fees.

A wise man once asked me, "Where are the customer's yachts?" Indeed.

We've been eating green shoots now for over four years. Give the Wun another four and we'll literally be eating green shoots. And bark. And peat bread like the Norks.

I had been investing in ammo, warm clothing and canned goods. I'm shifting into tar, pitchforks and rope.

13 posted on 01/12/2012 6:24:34 AM PST by SargeK
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To: mewzilla
“Retail Sales in U.S. Rose Less Than Forecast”

And I believe Credit Card usage was up significantly for what was bought. Auto sales were apparently solid but I'm hearing Gov. Motors is giving credit to all but the dead. This Mornings news reported Home Foreclosures will be bad this year. Sounds like Bambi is leading this Country to the promised land, circa 2008.

16 posted on 01/12/2012 6:28:25 AM PST by DAC21
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