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Personal Consumption: Outlook Dinged, but Modestly
April personal income meets expectations, rising 0.3% (Consensus and Decision Economics: +0.3%), but consumption, down 0.1%, is a bit shy (Consensus: +0.2%; Decision Economics: +0.1%). The PCE price index, too, is marginally softer than expected, rising 0.2% (Consensus: +0.3%; Decision Economics: +0.2%).
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Research Studies
DE | Sinai Economic and Market Perspectives | Seeds of A Sovereign Debt Crisis Planted – 02/03/21
Seeds of A Sovereign Debt Crisis Planted Allen Sinai* The U.S. and Global economies have undergone a fiscal/debt revolution of huge import from which there will be no turning away! The main catalysts are the read more
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