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According to the latest update, US consumers are out of savings. As nominal incomes have slowed way down, consumers have cut back only somewhat mainly spending on goods – causing the goods recession every big-name company is currently warning over. With unemployment rising and savings gone, there’s no margin left even to maintain the current rate of decline.Video Length: 00:18:00More By This Author:New GDP Report Shocks The Market (What You Need To Know)
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