Fundamentals: the end of the clunktocash. The less the credit from the consumer with higher the umemployment. Consumer confidence index falls.
DJ: Consumer confidence index: When people are squeezed by the budget, then they will hold back the 90 70 40. No job, no spending, and with the spending on cluncker for cash and first time home build. So, even the strong boost from GDP won't stop the falls. So, in the near term the fundamental is very bearish. The long term might be good.
Consumer spending is always a leading indicator. The leading indicator is not job market, instead it is the actual spending capability. The purchase power.
