The RBC Cash Index registered its worse reading since it began in 2002 with with consumer index of 29.5 in April down from 33.1 in Mar 2008. This will be extremely bad news for the stock market in general. We have to see how GE performs, if it performs spectacularly it might inspire some confidence for a mild rally. Otherwise what was gain yesterday would be lost and more.
Consumer Confidence Falls to New Low
By Finance in Consumer Confidence Falls to New Low
Apr
11