Is This the Top of the Economic Cycle? w/ Eric Johnston
Real Vision: Finance & Investing
The Economic Cycle: A Mixed Picture
The speaker believes the US economy is at the top of the cycle and is currently plateauing/nFull employment puts the economy more at risk of a recession/nThere is a mixed picture in terms of consumer spending, with weakening in the lower end and a focus on goods/nCredit card usage is on the rise, while savings are declining/nThe economy may be slowing down and rolling over soon with low growth environment and sticky inflation as a best case scenario
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