Tag: Consumer
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Markets In Meltdown As ‘Economic Hurricane’ Slams Into The Consumer
The situation for the consumer continues to deteriorate – hot inflation, too much debt and a rising cost of capital, a fast-cooling housing market, and a deteriorating jobs picture — including several emerging headwinds that were hardly on the radar […]
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The Consumer Is Starting To Fail, Increasing Recession Risk
Consumer spending powers the economy, making up 68% of GDP here in the US. And, like it or not, much of that consumer spending is funded by debt — credit cards, mortgages, auto loans, etc. But rising interest rates are now starting to make […]