The Phaserl


A Spectacular Snapshot Of What The Global Economy Faces

from KingWorldNews:

For the 3rd time in this 17 year period we may be looking at a 4 year, 4 month rise in consumer confidence before a turn lower again.

The peak in June, followed by the subsequent fall away in July, if followed by lower levels in the months ahead would set up a picture very similar to that seen in both 2000 and 2007 (see chart above).

The prior moves down in consumer confidence in 2000 and 2007 both came as an existing rally in Oil extended and accelerated (Too far relative to the economic backdrop).

Tom Fitzpatrick continues @

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