U.S.: It Was The Best Of Times, It Was The Best Of Times
If you want to know the story on American consumers, don't expect A Tale of Two Cities. It was the best of times--The End. Just look around. A record number of people are working. Incomes are growing more than twice as fast as inflation. With the Dow Jones industrial average at 10,000, stock wealth has doubled in less than four years. Credit is cheap and available. No wonder consumer confidence is soaring.
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