Hourly Compensation of U.S. Employees Declines Most Since 1947
Hourly Compensation of U.S. Employees Declines Most Since 1947 - Yahoo! Small Business Advisor
Consumer spending is toast as business inventory increases while hourly wages decrease. That can only result in declining consumer spending. There is a recession on main street. Finance is taking an ever bigger part of the financial pie and has its thumb on America.
The stock market, which is rising on expectation of increased consumer discretionary spending, could be a ticking time bomb. I don't give professional stock advice but all this does not add up or make sense.
Consumer spending is toast as business inventory increases while hourly wages decrease. That can only result in declining consumer spending. There is a recession on main street. Finance is taking an ever bigger part of the financial pie and has its thumb on America.
The stock market, which is rising on expectation of increased consumer discretionary spending, could be a ticking time bomb. I don't give professional stock advice but all this does not add up or make sense.
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