The most recent reading for the Michigan sentiment index, reflecting surveys conducted in March, has household vibes at their lowest level ever.
On Thursday we got the first quarter GDP numbers, showing growth at a modest but still positive two percent (annualized) for the quarter.
As far as jobs and inflation are concerned, they are not great and are moving in the wrong direction.
To be specific, at present, according to many sources, about half of all consumer spending is coming from the top ten percent of consumers by income level.
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In the wonderful world of economic analysis, we have hard data and soft data. These two things have been at odds with each other for some time, keeping those who try to supply insights and explanations about the
