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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
* 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.
* My posts are also re-published by several other websites and I have no control as to when their editors do so, or for the accuracy in their editing and reproduction of my content.
* In answer to this often-asked question, please be advised that I do not post articles from other writers on my site.
* From time to time, I will add updated market information and charts to some of my articles, so it's worth checking back here occasionally for the latest analyses.
DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...please read my full Disclaimer at this link.
* If the dots don't connect, gather more dots until they do...or, just follow the $$$...
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Thursday, September 20, 2012
Consumers Can't Live on Junk Food Alone
Data released today shows that Consumer Confidence/Comfort continues to drop, in spite of the Fed's actions over the past four years, and is fast approaching the extreme low levels of 2009. It would appear that the average consumer is less aware of Fed policy/intervention than that of political (non)action to date.
It's very unfortunate that both political parties have failed to employ their due diligence in carrying out their responsibilities during their current term...they have left it all up to the Fed, who admitted they can't solve all the economic problems on their own. If politicians were employed by a company, they'd be fired for sleeping on the job. Consumers can't live on junk food alone...