Consumer Spending Set to Crash as Prices Rise and Stimulus Ends
In today's show, you will learn why consumers are losing faith in the economy, what is likely driving consumer sentiment lower, why retail sales are likely to crash, how falling consumer sentiment impacts spending and consumer prices, why inflation is likely to roll over, what caused incomes to increase in July, and what the weekly credit data indicates about lending growth.
#ConsumerSentiment #ConsumerExpectations #Inflation #InterestRates #RetailSales
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The content of this video is provided as educational information only and is not intended to provide investment or other advice. This material is not to be construed as a recommendation or solicitation to buy or sell any security, financial product, instrument, or to participate in any particular trading strategy.
This video was prepared by Steven Van Metre in my own personal capacity. The opinions expressed in this video are my own and do not reflect the view of Atlas Financial Advisors, Inc. or Steven Van Metre Financial.
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