thestatedtruth.com | September 6, 2011
So…overall household debt to disposable income has declined minesquely from a peak of 134% in 2007 to 125% currently. That doesn’t exactly set the house on fire as most assets have declined at a faster rate, especially for entities that have not experienced stable or growing revenues (main street America comes to mind). If Dick Stoken is […]
thestatedtruth.com | June 2, 2011
This is called “the new normal”…..and it will change everything in our lives!  A typical recovery pattern goes like this: the stock market bottoms, economic growth bottoms and then hiring and wage increases return. What’s unique and likely a leading indicator about this recovery is that the last piece of the recovery is not there.  Squeezed on both sides by […]
thestatedtruth.com | April 28, 2011
A sign of the (hard) times……..despite what the government portends! The head of Wal-Mart’s U.S. operations warned Wednesday talking to USA Today….”Wal-Mart’s core shoppers are running out of money much faster than a year ago due to rising gasoline prices, and the retail giant is worried. “We’re seeing core consumers under a lot of pressure,” […]
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