Not good news: "0.3% fall in real disposable income was the first decline since November ('11)." @batchelorshow
— John Batchelor (@batchelorshow) September 28, 2012
3Q curse:"real spending is flat in September, annualised real consumption growth in the third quarter will match the second quarter’s 1.5%."
— John Batchelor (@batchelorshow) September 28, 2012
not good news: "housing accounts for only a tiny share of GDP, the recovery won’t transform the US:" Capitol Economics. @batchelorshow
— John Batchelor (@batchelorshow) September 28, 2012
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