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Economy News The Us Economy Is In A Selective Recession As Lower Income Consumers Can T Cover The Cost Of Living, Jpmorgan Says | RobinsPost News & Noticias

The US economy is in a 'selective recession' as lower-income consumers ...


The US economy is being split by a "selective recession," as some consumers see "huge" wealth creation while others struggle to get by, according to JPMorgan analyst Matthew Boss. Read More

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Americans’ view of the U.S. economy worsened in June, resuming a downward slide that had dragged consumer confidence to its lowest level since the COVID-19 pandemic five years ago.The Conference Board ... Read More

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When the US saw stagflation in the '70s and '80s, the unemployment rate peaked at about 9% in 1975, before cooling and rising to another peak of 10.8% in the early '80s, according to the Bureau of ... Read More

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Defiant consumer spending has helped the US economy dodge a recession. Yet consumers are saving less, raiding their piggy banks, and racking up record credit-card debt. Experts say their spending ... Read More

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He estimates the economy’s potential growth rate to be about 2% “The good news here is that below-trend growth helps to relieve inflationary pressure.” That’s exactly what the Fed wants. Read More

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Trump has urged Americans to "hang tough" amid market volatility and the announcement of reciprocal tariffs by other countries. Read More

The US economy is in a 'selective recession' as lower-income consumers ...


Lower-income Americans are can't keep up with the rising cost of living and have blown through their savings, a JPMorgan analyst said. Read More

The US economy is in a 'selective recession' as lower-income consumers ...


The economy is already in a "selective recession," according to JPMorgan's Matthew Boss. Low-income consumers are pulling back on spending while top-earners are fueling the economy. The top 10% of ... Read More

The US economy is in a 'selective recession' as lower-income consumers ...


The US economy is being split by a "selective recession," as some consumers see "huge" wealth creation while others struggle to get by, according to JPMorgan analyst Matthew Boss. The equity analyst ... Read More


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