Consumers, whose spending makes up 70% of U.S. GDP, aren't in the terrific shape everyone thinks they are. As rates rise and their debt gets more expensive, spending will slow and could trigger the next crash.
Read Full Article »Consumers, whose spending makes up 70% of U.S. GDP, aren't in the terrific shape everyone thinks they are. As rates rise and their debt gets more expensive, spending will slow and could trigger the next crash.
Read Full Article »