If the market runs on daily news and "data points" this summer could be pretty bad...
The high gas prices are starting to "sink in" to the economy and the consumer mindset...
Don't drive if your don't have to... Multi-task your driving...
And if you live in rural, suburban or exurban areas...your troubles are even worse... Distances to "get anywhere" are often large, even prohibitive...
Many in small and medium sized towns might be feeling "trapped on the dark side of the moon" as one person said to me the other day....
Those in urban areas might have access to mass transit...
And some of us (me) are driving our 4 cylinder cars and letting the 6/8 cylinder cars just sit... Indeed, yesterday I took my 6 cylinder for a drive...and it felt wierd.... I'm "used to" the smaller car all of a sudden...
So, this could be the Summer of Our Discontent....or we could just muddle through...as usual.
But the deck is loaded for more "bad news" than good.... Stay tuned.
