GOOD NEWS, BAD NEWS...HEADLINE NEWS with LYNETTE ZANG
ITM Trading Podcast
00:00
Consumers Sentiment
We need to make sure, and no matter what your circumstances are, that you can grow some of your own food so that you don't have to worry about barren shelves. In the meantime, we've got wholesale prices that jump nearly ten % in 20 21. That has not yet fully trickled down into the consumer prices. But guess what? When people see all this inflation they buy less. This is consumers sentiment. You can see that it's near all of the loads in history. And if consumers are concerned about their ability to pay their bills, their jobs, et cetera, they will indeed consume less. According to the savings rate at the fed, which i didn't
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