“We are all agreed that your theory is crazy. The question which divides us is whether it is crazy enough to have a chance of being correct. My own feeling is that it is not crazy enough.”
― Niels Bohr
Click on any chart to engorge it
Click on any chart to engorge it
Consumer Discretionary Disappointment
Once consumer confidence has been eroded by high gasoline prices, and the fear of even higher food and energy costs, we'll see stocks like Disney, Amazon, Comcast and Ford take the pipe.