Is the ‘consumer recovery already petering out’?

Dear Bernanke, Here’s Why The “Wealth Effect” Isn’t Saving The US Economy

Gregory White Business Insider 3/1/2011

Yesterday’s weak consumer spending numbers, along with weaker than expected Q4 GDP, may be indicating that the consumer recovery in the U.S. isn’t all it seems.

But if incomes are up and the stock market is up, where’s […]