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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

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* The content in my articles is time-sensitive. Each one shows the date and time (New York ET) that I publish them. By the time you read them, market conditions may be quite different than that which is described in my posts, and upon which my analyses are based at that time.
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Monday, January 30, 2012

Consumers Buying Less But Paying More

Data released today shows that consumers are buying less, but paying more, even though their personal income has risen, as shown on the three graphs below.

Consumer personal spending has been, generally, declining since it peaked in August 2011. Since "consumer spending accounts for a majority of overall economic activity, and is one of the most important gauges of economic health," it remains to be seen whether this will have any effect on the buying mindset of the equity markets that has been in play for the past couple of months.