Will Consumers Bail Out The Economy
by Patrick Hill Consumers are viewed by many economic analysts as the last hope to keep the economy humming as the manufacturing sector seems to be in a recession. To … Read more
consumers
Consumers Will Be Hit Hardest In New York Utility Clash
By Irina Slav New York Governor Andrew Cuomo has threatened National Grid to revoke its license in two weeks if the company fails to convince the state authorities it was … Read more
Worse Than Payday Loans For US Consumers? Online Installment Loans Up 10 Fold Since 2014!
by Jason Burack via Wall St For Main St Some Democrat politicians went after Payday Loan companies but many of the same loan shark practices (charging triple digit interest rates) have moved online. … Read more
Consumers, salespeople and lenders are treating cars a lot like houses during the last financial crisis
A $45,000 LOAN FOR A $27,000 RIDE: More Borrowers Are Going Underwater on Car Loans. John Schricker took out a loan to buy a car in 2017. Then he took … Read more
Consumers Plan For Record Holiday Spending
by UPFINA Healthcare is the biggest sector in the S&P 500, so it drives the market’s performance to a certain extent. It could be affected by the 2020 election as all … Read more
Amazon misses. Big one. Proves slowdown hitting consumers…. seems like more to come…
Here's the full story. t.co/d7WhABT6OM — Ed van der Walt (@EdVanDerWalt) October 24, 2019 $AMZN P L U N G E pic.twitter.com/OjnpyZcLyA — Alastair Williamson (@StockBoardAsset) October 24, 2019 $AMZN … Read more
CEO Confidence Plunges, Consumers Won’t Like What Happens Next
by Lance Roberts There is a disparity happening in the country. No, it isn’t political partisanship, but rather “economic confidence.” The latest release of the University of Michigan’s consumer sentiment survey rose to … Read more
A Third of the World’s Consumers Are Suddenly Nervous to Spend
MUMBAI/BEIJING (BLOOMBERG) – Down the street from Mumbai’s grand colonial-era Royal Opera House, Deepak Gurnaney sits in his small electronics shop in front of rows of flat screen TVs flashing … Read more
Huge Drop In Consumers Saying Jobs Are Plentiful
via UPFINA: In the week of September 21st, the Redbook same store sales growth rate fell from 5.4% to 5.2%. That’s still very strong growth; the tariffs haven’t slowed spending. As … Read more
US Consumers At Maximum Leverage, Might Not Be Able To Save The Day
via Zerohedge: John Kemp, senior market analyst of commodities at Reuters, says in a new report that US borrowers as a whole look stable but there are signs emerging that point to … Read more
60 Percent Of Americans Believe A Recession Is Coming – But Consumers Continue To Pile Up Debt At A Frightening Pace
by Michael Snyder We haven’t seen survey results like this since just before the last recession. Right now, 60 percent of Americans believe that a recession is “very or somewhat … Read more
Consumers Have Reached Their Tipping Point Marking Impending Recession
by Mac Slavo of SHTFplan American consumers’ sentiment has officially reached their tipping point. It’s time to brace for the impending recession. Unfortunately, the news is dire. Consumer sentiment results from the University … Read more
Trade War Tariffs to Hit U.S. Consumers and Retailers
From Birch Gold Group U.S. consumers and retailers may not escape the next round of tariffs set to roll out on September 1. Turns out, they won’t be delayed until December as originally stated. … Read more
Jim O’Neill Warns the Us May Be Too Dependent on Consumers, Like in 2008
via CNBC: The U.S. economy is becoming “riskily dependent” on the “overleveraged consumer,” warns economist Jim O’Neill. “It’s like, on some ways, like in 2008,” says the former chairman of … Read more
Inflation Data Shows Tariffs Are Not a Tax on Consumers but on Foreign & US Corporations
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Inflation runs hot in housing, medical services, health insurance, other items that are not imported. The consumer price inflation data released today by the Bureau of Labor … Read more
Middle Class Death Spiral: Consumers Have Never Been In More Debt, And Bankruptcies Are Surging
by Michael Snyder This wasn’t supposed to happen. During the relative economic stability of the past few years, the middle class was supposed to experience a resurgence, but instead it … Read more