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Cracks In Consumer Spending: The Big Point

Professor Glenn A. Okun

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

Earnings season has revealed additional evidence of weakening consumer spending under the stress of high inflation and interest rates as well as the uncertainty of war in the Middle East.  It is disconcerting that the consumers’ hesitancy to spend extends across a wide range and price of goods. 

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