The Weakness Is Broadening Out From Low-Income To Middle-Income Consumers

Sep 19th 2022 6:55am EDT

The Weakness Is Broadening Out From Low-Income To Middle-Income Consumers Earlier today, when making a case why the US economy has so far proven highly resilient to the Fed’s increasingly shrill attempts to push it into a recession, Morgan Stanley’s cross-asset strategist Andrew Sheets said that about half of all the income in the US […]

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