Thursday, May 3, 2012

Zero Hedge — Class Warfare Succeeding: Rich Vs Poor Divide Near Record As Consumer Comfort Plunges

Bloomberg's weekly Consumer Comfort Index just had its largest two-week drop in over 13 months after tracking stocks up to near four-year highs in early April.... the divergences within the data are growing rapidly with high-income individuals near four-year highs in terms of their comfort as low-income individuals at near record-lows for comfort. The comfort spread between rich and poor has not been this wide since before the crisis....
Read it at Zero Hedge

Class Warfare Succeeding: Rich Vs Poor Divide Near Record As Consumer Comfort Plunges
Submitted by Tyler Durden

No comments: