#recession … #StockMarket #Bubble edition#Dispersion goeth before the fall 📉 t.co/EzmR76w4wY
— Invariant Perspective (@InvariantPersp1) July 12, 2021
Consumer trends suggest lower spending, potential economic shift in post-COVID landscape
Consumers are indicating a continued preference for more home-based economic activity even as the pandemic continues to recede, according to a new survey, suggesting that the post-COVID-19 economic landscape may continue to shift in ways that would have seemed unthinkable prior to last year.
A report on U.S. consumers by the British-based firm L.E.K. Consulting — released in two parts, one in May and the other last week — indicates a looming series of “priority resets” regarding spending habits on the other side of the coronavirus pandemic.
As the COVID-19 outlook continues to improve, “many consumers expect to continue spending more on groceries, healthcare products, and at-home entertainment,” the survey found, while conversely they “expect to continue spending less on dining out, out-of-home entertainment (e.g., sporting events), and taxis and ride shares.”
#recession … #PBoC Pushing on a String edition
That's weak #CPI #inflation even for Europe… and it's still trending down 📉. t.co/c7xcZMprG9
— Invariant Perspective (@InvariantPersp1) July 9, 2021
#recession … #StockMarket #Bubble edition#SPX #SPX500 $SPY #ES_F t.co/sjZrOgZ80q
— Invariant Perspective (@InvariantPersp1) July 12, 2021
#recession … #StockMarket #Bubble edition
When (not if) the #Nikkei rolls over, watch out! 📉 t.co/OnE9YzxdDB
— Invariant Perspective (@InvariantPersp1) July 12, 2021