The Consumer is Now Worse Than the Great Depression

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Retailers in the US are becoming increasingly nervous and for good reason. Consumers are showing more and stronger signs of running out of spending power. Last year it was hefty price increases this year a combination of headwinds. One of those is flashing a steady and sharp recession signal.

Eurodollar University's Money & Macro Analysis

Bloomberg: The Mighty American Consumer Is About to Hit a Wall, Investors Say
https://www.bloomberg.com/news/articles/2023-09-11/us-consumer-is-likely-to-start-cutting-back-hurting-economy-and-stocks?fromMostRead=true

Bloomberg: Americans Keep Spending But Big Retailers Doubt It’ll Last
https://www.bloomberg.com/news/articles/2023-08-17/americans-keep-on-spending-but-big-retailers-doubt-it-ll-last

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