Quote:
Originally Posted by scho63
You couldn't be more wrong about this.
It's just the opposite.  |
Stimuluses are gone, child tax credits are gone.
Consumers have already exhausted their savings. Look for yourself they are below pre-pandemic readings.
https://fred.stlouisfed.org/series/PSAVERT
Credit card debt is surging higher.
https://www.cnbc.com/2021/12/27/holi...card-debt.html
Retail won't be able to buy these toppy dips forever.