Bad news is good news in this report. The Fed wants to see a slowing consumer and this is forward-looking data. I much prefer this survey to the UMich data, which is politicized.
More details on the prior report are here.
Bad news is good news in this report. The Fed wants to see a slowing consumer and this is forward-looking data. I much prefer this survey to the UMich data, which is politicized.
More details on the prior report are here.
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