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The Consumer Stool

BY MICHAEL PENTO | NOVEMBER 20, 2007 | 2:43 PM | 0 COMMENTS

Most of you have heard that the consumer is supported by a three-pronged stool that consists of house prices, stock market value, and personal income. When you run the numbers through on those crucial metrics to wealth, it is clear that American consumers are losing their ability to spend and consume.

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