I couldn't have said it better myself, and I've been trying. The bottom line is that stocks and the economy can not and will not get back to where they were in 2007 any time in the near future. Everybody is tapped out. And the ones without jobs are just trying to survive. The consumer is 70% of the economy, don't ever forget that.
http://market-ticker.org/archives/1327-Retail-Sales-July-They-STINK.html
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