The Rabid Capitalist

Professor Glenn A. Okun

The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.

The U.S. consumer is about to get sick.  The severity of the illness is uncertain.  The pathogen is known: high interest rates and debt repayments.

While hope for the economy has been fueled by retail sales numbers, it is important to recognize that it is a lagging indicator.  The challenge is to foresee developments in consumer spending with clarity.