Big Bob Rally® Over?

Big Bob needs to weigh in, but with consumer spending dropping again, the stock market sold off today in the third day of losses. 

Maybe our contest jinxed the market?

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One response to “Big Bob Rally® Over?

  • Big Bob

    Consumer spending grew 2.2 percent in the first quarter of this year so far. That is good news in my eyes. The household savings rate is up 4% (had been zero) – thus I view outcomes in greater period of time then 30 days, so this just looks to be a little blip on the radar screen – – you can call it over reaction – – sort of like the the county health department over reacting in recommending recent school closing and event cancellings.

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