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Thoughtful Money with Adam Taggart
Over-Leveraged Consumers & Corporations Pose The Biggest Threat To the Economy | Neely Tamminga
Mar 7, 2024
Discover the real state of the US consumer with Neely Tamminga, discussing financial struggles, generational trends, and economic uncertainties. Explore the impact of decreasing tax refunds on spending, labor structure changes, and potential risks of over-leveraged consumers and corporations.
01:25:41
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Quick takeaways
- Consumers are segmented based on life stage, income, and demographics, impacting their economic experiences.
- Decline in tax refunds and exhaustion in consumer capacity raise concerns about spending trends.
Deep dives
Challenges in Finding Jobs
The labor market challenges exist despite the positive perspective portrayed in the media, especially for entry-level positions and internships. Internships are not being filled as historically expected, signaling a shift in demand. C-suite discussions indicate a mismatch between the supply and demand for mid-experience employees.
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Discover
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