If you're a bear.
Consumer spending is down for the first time in a year. How anyone expects Q2 to show a rebound is beyond me. Inflation starting to heat up means the Fed will need to raise rates. Looks like stagflation.
Consumer Spending Sees First Fall in a Year | Fox Business
Consumer spending is down for the first time in a year. How anyone expects Q2 to show a rebound is beyond me. Inflation starting to heat up means the Fed will need to raise rates. Looks like stagflation.
Consumer Spending Sees First Fall in a Year | Fox Business