A Note From Our Income Analyst
Consumer spending trends consistently higher for the most part, and has
been trending consistently higher since the second quarter of 2009.
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What's Ailing Wall Street? You've Known for Years...
"Uncertainty is the worst of all evils until the
moment when reality makes us regret uncertainty." - Jean-Baptist
Alphonse Karr (1808 - 1890)
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The French novelist Alphonse Karr had another apropos quote, "Plus ça change, plus c'est la même chose." Translated this means, 'The more things change the more they stay the same'. How do his words fit my message today? According to the Congressional Research Service, the debt ceiling has now been raised 75 times since 1962. spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer
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