posted by
FXTimes
131 days ago
in Fundamental, Retail Sales, Consumer
made popular 131 days ago
Much of US growth is driven by personal consumption, and the recent bullish atmosphere in stocks hinges on the momentum in the US continuing. However, the key factors that helped spending in the second half of 2011 - US consumers running down savings, a boost in demand for credit, and cheaper gas prices - may be drying up. Therefore, those that may