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rbrutoco's tweets

Automobile sales in USA were much lower than Wall Street was expecting. Big ticket items are early casualties when consumers are fearful. — 8 years 7 months ago
Watch consumer confidence in the next 3-6 months. Decrease in confidence leads to decrease in consumption means downward pressure on jobs. — 8 years 8 months ago
Large corp CEOs are “banking” on large corp tax deductions fattening corp bottom lines thereby increasing value of public stocks. Not wise. — 8 years 8 months ago
Small bus getting more cautious on new hires while big business expecting hiring to rise. Why? Small bus less secure about future sales. — 8 years 8 months ago
The USA economy is 70%+ driven by consumer spending. We spend less when we are uncertain and fearful, especially mid & lower econ brackets — 8 years 8 months ago
The USA will be in recession within 12 months or less. Unemployment will continue to rise for the next 6 months. Stay tuned to hear why. — 8 years 8 months ago
The 100+ point drop the next day exposes the fact retail sales are already very poor and getting poorer every day due to Trump policies. — 8 years 8 months ago
The 300+ gain on the Dow averages was based upon the false belief that the economy would be fine with Trump tax and economic policy. Wrong. — 8 years 8 months ago
American Psychological Association reports stress for Americans went up from 71% last August to 80% in Jan. This will soon lower US GNP. — 8 years 9 months ago
Irrational exuberance is once again gripping the stock market. There is no reason for the DOW or S&P 500 to be at these P.E. ratios. Problem — 8 years 9 months ago