Statistics Not Helpful to Confidence
Two sets of statistics that caught my eye which aren't likely to help consumer confidence or the economy any time soon.
UPSIDE DOWN - 30% of US homeowners surveyed within the last month that have mortgage debt on their residence believe their outstanding debt exceeds the current fair market value of their home (source: Pew Research).
WORRIED ABOUT LOSING A JOB: CNBC was out with the number that 52% of all employed are worried about losing a job in the next year.
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