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US Consumers Remain Resilient While Setting Record Sales During Black Friday and Cyber Monday
715 Views02 Dec 2023 18:22
US economy is set to accomplish a no-landing with its steady glide, deftly navigating between slowing inflation while keeping its businesses and consumers in the pink of health.
Boomeranged on Tue, 5 Dec 2023 20:34
The CFA Institute published an insightful analysis of US Consumers, The Paper mentions: slower income growth, rising inequality, and demographic challenges ailing the consumer.
As a consequence, investors have to take note that real PCE growth will be slow, longer-term inflation will ease even risking deflation, and there will be a slowdown in job growth.
See comments for the link to the paper.
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