First look, which tends to get revised substantially as more info is released. Consumption looks discouraging, especially longer term, and it appears to be at ‘stall speed': You can see how after tax income keeps ratcheting down: Wages used to … Continue reading →
First look, which tends to get revised substantially as more info is released.
Consumption looks discouraging, especially longer term, and it appears to be at ‘stall speed':
You can see how after tax income keeps ratcheting down:
Wages used to go up faster with growth, but seems not this time:
Prices getting further from Fed’s 2% target, not closer: