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No Cause for Celebration

No Cause for Celebration

High-income consumers are starting to show some signs of pullback

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The Transcript
Jul 29, 2024
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No Cause for Celebration
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Summary: There’s been a clear slowing in the economy, but things are stable. Confidence is low though and even high-income consumers are starting to show some signs of pullback. Expectations for a rate cut are rising.

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