Recession or Boom? Exposing Hidden Crises in the Markets
Wealthion - Be Financially Resilient
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Navigating Economic Uncertainty and Consumer Spending Trends
Discussion on the challenges of analyzing consumer spending habits in relation to durable goods and leisure items. Emphasis on the impact of interest rates, housing market trends, and Jerome Powell's potential rate cut announcement. Insights into the shift in consumer behavior towards saving and spending on happiness-inducing purchases, wage growth effects on inflation, and the concept of 'trueflation' as an alternative measurement to traditional inflation metrics.
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