The consumer is still alright, November 2019 edition
by New Deal democrat
The consumer is still alright, November 2019 edition
I have a new post up at Seeking Alpha.
A few months ago I took a look at the order in which I would expect the dominoes to fall if there were to be a consumer-led recession. One more domino has fallen, but several important ones are still upright.
As usual, clicking over and reading puts a couple of pennies in my pocket, and should be educational for you.
Interesting analysis – the link is worth following. My take is that we are still about six months out. There is still time for consumer spending to turn negative in the next few months. And, even if we don’t get a full blown recession, the slowdown will be recession-like to plenty of people.