Friday, April 25, 2008

U.S. consumer sentiment at 26-year low

“More consumers reported that their personal financial situation had worsened than any time since 1982 due to high fuel and food prices as well as shrinking income gains and widespread reports of declines in home values,” The Reuters/University of Michigan Surveys of Consumers said in a statement.

Will the Wall Street casino douchebags finally crash and burn?