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?


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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