
It's STARTING, This Just Became Global
Eurodollar University
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Caution in Consumer Spending and the Impact on Retail Inventories
This chapter discusses the caution shown by consumers in their spending habits, as evidenced by retail sales data. The speakers mention various factors such as student loan repayment, high interest rates, and concerns about the labor market and jobs. They highlight the importance of consumer spending in driving demand and note that October's data suggests a significant change in consumer behavior.
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