Vic
@mrvictor7.bsky.social
Asset management, entrepreneur. Digs investing, rock & roll, baseball, laughter, unconventional wisdom, assorted meats & cheeses.
Reposted by Vic
My rule of thumb is Americans are going to spend the income they have coming in. When times feel uncertain they’ll pull back for a bit — a few weeks or a month — but if income is still coming in they’re going to spend it. So ultimately it comes down to the labor market.
March 15, 2025 at 12:25 PM
My rule of thumb is Americans are going to spend the income they have coming in. When times feel uncertain they’ll pull back for a bit — a few weeks or a month — but if income is still coming in they’re going to spend it. So ultimately it comes down to the labor market.