9min chapter

Thoughtful Money with Adam Taggart cover image

Over-Leveraged Consumers & Corporations Pose The Biggest Threat To the Economy | Neely Tamminga

Thoughtful Money with Adam Taggart

CHAPTER

Impact of Decreasing Tax Refunds on Consumer Spending Trends

Exploring how decreased tax refunds and higher debt costs are affecting consumer spending, with a focus on January retail sales and the implications of the Tax Cuts and Jobs Act of 2017. The chapter emphasizes the need to understand consumer behaviors and experiences to predict economic trends and investment outcomes.

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