Protect Your A$$ets...

from Inflation, Taxation, Devaluation, Purchasing Power Destruction & Bear Market Risk

Thursday, March 8, 2012

Quote of The Day: How Gasoline Prices Impact Consumer Spending...

"Every penny increase in the price of gas at the pump equates to a loss of $1.0 t0 $1.5 billion in lost consumer spending in other areas."

Bloomberg News

John G. Harris at 6:58 AM

No comments:

About Me

John G. Harris: Pittsburgh, PA, United States; After writing an investment newsletter for Vanguard investors for over 20 years, I'm convinced that blogging is a much more expedient and efficient way of disseminating timely insights. My newsletter, Vantage Point, was consistently ranked by the Hulbert Financial Digest as one of the Top 10 Market Timers over multiple time frames. With the benefit of my experience as a money manager for over 18 years, I hope to share investing analysis, perspectives and strategies that will empower readers to safeguard their wealth from the pitfalls and threats our "New Normal" Global Economy presents.

View my complete profile

Powered by Blogger.

Thursday, March 8, 2012

Quote of The Day: How Gasoline Prices Impact Consumer Spending...

No comments:

Post a Comment