Hotter For Longer: will consumers lead the economy into a recession? скачать в хорошем качестве

Hotter For Longer: will consumers lead the economy into a recession?

Unlock Financial Insights: Gain Clear Market Perspectives. Get your competitive edge with clear analysis and expert commentary on economic indicators. After more than 40 years of experience on Wall Street, I would like to share what I have learned about markets with investors like you. For early access to these webcasts, daily insights, focused news, clear charts, and much more from me and my team, become a paid member of https://yardeniquicktakes.com SPECIAL OFFER: To celebrate the launch of QuickTakes, I am offering my followers a free month of paid membership: https://quicktak.es/Yt-0a ——————————————————— Today, we challenge another aspect of the hard landers’ narrative: the notion that consumers will retrench, leading the broad economy into a recession. True, many consumers must resume paying the student-debt piper soon, and many have depleted their excess pandemic saving. … But bigger forces are supporting consumer spending: Consumers simply don’t halt the spending they love to do when their incomes are secure and growing, as now, with wages rising and plenty of jobs to go around. And it’s retired Baby Boomers’ time to kick back and spend their ample nest eggs.