David Rosenberg: Boomers Sleepwalking Into A Bear Market + Recession
Thoughtful Money with Adam Taggart
Consumer Spending: The K-Shaped Recovery
This chapter explores the disparities in consumer spending amid a K-shaped recovery, where the wealthy continue to thrive while the majority struggle. It examines the implications of dwindling savings and rising debt, the fragility of household finances, and potential economic ramifications of changing spending trends.
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