Monday, September 11, 2023

Will the US Consumer Finally Pullback?

The Mighty American Consumer Is About to Hit a Wall, Investors Say
https://www.bloomberg.com/news/articles/2023-09-11/us-consumer-is-likely-to-start-cutting-back-hurting-economy-and-stocks
Key engine of US growth is poised to sputter in early 2024, according to survey respondents

Will Restart of Student Loan Payments Be the Last Straw for Consumers?
https://www.nytimes.com/2023/09/15/business/economy/restart-student-loan-payments.html
Americans have continued spending despite dwindling savings and inflation. But retailers worry resuming loan payments could push some over the edge.