The front page fears today that the consumer is going to drastically slow down spending are nothing new. Ever since the housing market took its turn south, investors and pundits alike have been concerned that the loss of growing "wealth" in the form of rising home prices would make people less likely to open up their wallets.
These concerns have been showing up for a number of stocks that are rated in The Motley Fool's CAPS service. Here are a few of the concerns that CAPS players cited:
- Speaking about his underperform call on Target, abitarecatania said, "The US consumer is dying, you can pretend he is not. But his ATM (his home) is out of cash and he has run out of storage room for 'general merchandise.'"
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