Consumers are resorting to credit to fill the gap between the cost of living and incomes. Economic growth will slow sharply. We are likely not far from something “breaking” in the market.

Not surprisingly, as #Government #checks ran out and #inflation went up, #consumers are resorting to #credit to fill the gap between the cost of living and #incomes.#Economic growth will slow sharply this year. pic.twitter.com/5fGYaYkw3d — Lance Roberts (@LanceRoberts) April 8, …

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UK inflation jumps to a 30-year high of 6.2%, intensifying the cost-of-living crisis (Business Insider)

https://markets.businessinsider.com/news/stocks/uk-inflation-february-energy-cost-of-living-bank-of-england-2022-3 Prices rose across the UK economy at the fastest rate in 30 years in the year to February, intensifying a cost-of-living crisis in the country. Year-on-year consumer price index inflation hit 6.2% in February, the Office for National Statistics said Wednesday, …

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Global Financial Conditions At Tightest Since May 2009 While The Cost Of Living Going The Moon

And the central banks haven't even started tightening yet 🤣 — yc23 (@yc2381) March 11, 2022 Cost of living going the moon. Damned Pangolins. pic.twitter.com/PHRGjALQ0K — Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) March 8, 2022 https://twitter.com/douglaskarr/status/1502387021481926663 The definition of the …

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More Americans living alone

More than a quarter of American households are made up of people living alone as the ranks of senior citizens swell and younger Americans continue to delay life milestones that previous generations reached earlier in life. There were 37 million …

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