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Where Is The Cheap Gas Rebound? Restaurant Performance Index Contracts In December
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
wallstreetexaminer.com / by Anthony B. Sanders •
This is a syndicated repost courtesy of Confounded Interest. To view original, click here. Reposted with permission.
Gas prices in the USA have fallen dramatically over the past two years, leading Mark Zandi to say …
“It’s a big plus for the economy,” said Mark Zandi, chief economist at Moody’s Analytics.
If gas prices stay low, Zandi estimated that U.S. consumers could find an extra $100 billion in their wallets next year compared with this year. “It could make the difference between a good year and a great year.”
Here is a chart of real GDP growth QoQ since Zandi’s remarks to the Los Angeles Times on December 10, 2014. I don’t see a long-term stimulative effect of lower gasoline prices.
The post Where Is The Cheap Gas Rebound? Restaurant Performance Index Contracts In December appeared first on Silver For The People.
Thanks to BrotherJohnF
Source: http://silveristhenew.com/2016/02/21/where-is-the-cheap-gas-rebound-restaurant-performance-index-contracts-in-december/
