FED To Announce Bond-Purchase Taper on Wednesday. Consumers Stop Spending Money

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FOMC meeting Wednesday.
FED speakers already prepping the masses.
How low will the market go?

Consumers are either running out of money, having no products to buy, or are just getting sick of higher prices.

See also  Only 11% of Tesla drivers purchase FSD. Whilst NVIDIA for example, sells driving tech to Volvo, Mercedes, Xpeng, etc, Tesla is barely selling it's tech to its own automobile customers.
See also  Only 11% of Tesla drivers purchase FSD. Whilst NVIDIA for example, sells driving tech to Volvo, Mercedes, Xpeng, etc, Tesla is barely selling it's tech to its own automobile customers.

Either way, consumer spending dropped dramatically in the third quarter, with the growth rate falling short of expectations by almost 30 percent.

breakingnewsdigest.com/3rd-qqt-gdp/

h/t Doorbert Returns

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