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A Market Bounce...Then Look Out Below?? | Lance Roberts & Adam Taggart

Wealthion - Be Financially Resilient

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The Surprising Downward Revision in Personal Consumption

The speakers analyze a significant downward revision in personal consumption, which is described as a rare nine sigma miss. They discuss the implications of this event, including the contradiction it poses to the Federal Reserve's predictions on economic growth. Additionally, they highlight the challenges of relying on trailing data and the importance of adjusting projections based on the lower PCE number.

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