Over the last two months, consumer spending power has increased and not just because of income gains. The U.S. dollar actually goes farther these days as prices have dropped on average in the past two months.
Many argue that prices are down largely because of gasoline prices. However, in May overall inflation declined 0.2%, following the [...]

Sales of Ford Motor Company’s trademark pick-up trucks and SUVs were down 28% for the month of June, sending the DOW plunging into bear territory again, along with news of the worst inflation yet this year and oil prices today nipping at $143 per barrel. It’s sad really, but also more than a bit maddening.
I’m [...]