CHART OF THE DAY: Consumer Strength Isn't All It's Cracked Up To Be

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		Tech Entertainment Wall Street Markets Strategy Sports Lifestyle Politics International Video Latest Tuesday, May 8, 2012 CHART OF THE DAY: Consumer Strength Isn't All It's Cracked Up To Be Economists have been touting consumer strength as the economic recovery has appeared to gain steam in the last few months. But there's a good reason to believe this development isn't all it's cracked up to be. According to research from Morgan Stanley global strategist Gerard Minack, the U.S. government is actually "paying out as much in benefits as it receives in taxes from households." And analysts already concerned about a fiscal cliff ahead around the start of 2013 when the government dramatically cuts back expenditures, the power of the consumer might be much weaker than the numbers would suggest. Read » Also On Money Game Today: You Will Not BELIEVE How Much Money The Jeff Gundlach Trade Has Made In Just A Few Weeks LIVE: Jeff Gundlach Speaks On The Economy And The Markets EUROPE MELTS DOWN AND STOCKS MAKE HUGE COMEBACK: Here's What You Need To Know This Is Why Germany Has Zero Desire To Fix Anything In Europe Advertisement CHART OF THE DAY: The Last Time Wall Street Strategists Felt This Way, Stocks Surged Like Crazy CHART OF THE DAY: Labor Force Participation Falls To Lowest Level In Over Three Decades CHART OF THE DAY: How Every Major Asset Class In The World Performed In April Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.jobhuntportal11@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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