Amazing isn't it how they spew out their "no inflation diarrhea" yet my monthly take home pay now just covers all the bills with very little or nothing left over! Sometimes we need to go into credit line to pay anything that may come up and it keeps adding as no money left to pay it down now! I wonder how many other peolple out there find themelves in this situation now?? we are not travelling this year and plans for summer are local. How much longer till the breaking point for people???
"I wonder how many other peolple out there find themelves in this situation now??"
ANSWER: Many millions and many more millions in a much worse situation.
But, I will say it again ......How bad most Americans are doing has little to do with the corporate profits of the Multi-national companies which make up the S&P 500....As an investor/trader you should be more concerned with the lowered guidance that has been recently issued by many major S&P companies.