Below is a chart and excerpt from today's Early Look written by CEO Keith McCullough.
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If you thought NEGATIVE REAL INCOME for the American Consumers was bad (“Multiple Job Holders” hit a RECORD high in last week’s LABOR report – The People need multiple jobs to pay their multiplying bills)… Try having the Real Cost of Living pressure of The People in a country whose currency is crashing. No worries, the Princes of The Yens came out with a “verbal intervention” overnight … and the Yen made a new 24yr low vs. USD! |
