Tag: Consumer Spending

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China’s Consumer Spending Problem Has Become an International Issue

The Chinese people have yet to spend freely and enjoy the fruits of their hard work in line with their peers in other emerging market economies.

JPMorgan CEO Warns ‘Most Dangerous Time’ in Decades Is Here

JPMorgan Chase CEO Jamie Dimon has warned that a confluence of factors—including the Israel-Hamas war—has ushered in the "most dangerous time" in decades.

Chart of the Day: Understand the Shape of Today’s and Tomorrow’s Inflation – Services vs. Products

In 2022 inflation hit 40-year high. It's starting to abate due to Fed’s higher interest rates, but will it decline permanently and/or plateau out at lower levels.

Misery index is UP as inflation sees its fastest gain in 20 years!!!

Key inflation indicator up 3.5% year over year in June for fastest gain since 1991 KEY POINTS An inflation gauge followed...