It's Not All Doom and Gloom!

"In the Tank Forever": U.S. Consumers, Retailers in a "Death Spiral," Davidowitz Says

"We are in the tank forever. As a country we are out of control, we're in a death spiral."

So where's the optimism you might ask?

But it's not all gloom and doom, believe it or not.

Sweet!


Update:

"We're Going Right Back Into The Tank"

Stimulus binges? Roller coaster equity performance over years? Stubborn consumers holding out for sales as deflationary pressures loom over the recovery? Sounds like the U.S. economy is turning Japanese, Davidowitz says.