consumer spending

Ritual Weakness Is More About The Ritual Than The Weakness

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Inside Q1 GDP——-Worse Than It Looks

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‘Wealth Effects’ And QE Repudiated——–Gallup Data Shows Sharp Rise In Propensity To Save, Not Spend

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The Slowdown Is Consumer-Driven

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Double Whammy Economics

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The Evidence Piles Up—–Japan’s Economy Keeps Shrinking, Abenomics An Abject Failure

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The Long Slump In Durables——Why This Cycle Is Different

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Dubious Retail Jobs Surge——The BLS Is Smoking Something

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What ‘Escape Velocity’……..Retail Spending Remains Punk

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What Pent-Up Demand——–Revolving Credit Exhibits Exhausted Consumer/End Of Cycle Pattern

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