[1]With the world's focus on emerging markets and anxiously trying to bring the narrative back domestically as a reason to buy US stocks, we thought this simple chart would help clarify just how 'great' the US economy (70% of GDP is consumption we are constantly reminded) is doing...
[3]
Of course this should be no surprise when disposable income is collapsing [4].
Why should you be concerned...?
[5]
h/t @Not_Jim_Cramer
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/295
[3] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/02/20140204_chain.png
[4] http://www.zerohedge.com/news/2014-01-31/wtf-going-real-disposable-income-plummets-most-40-years
[5] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/02/20140204_chain1.png