"In the Tank Forever": U.S. Consumers, Retailers in a "Death Spiral," Davidowitz Says
"We are in the tank forever. As a country we are out of control, we're in a death spiral."
So where's the optimism you might ask?
But it's not all gloom and doom, believe it or not.
Sweet!
Update:
"We're Going Right Back Into The Tank"
Stimulus binges? Roller coaster equity performance over years? Stubborn consumers holding out for sales as deflationary pressures loom over the recovery? Sounds like the U.S. economy is turning Japanese, Davidowitz says.
Trends in Educational Attainment in the U.S. Labor Force
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The first graph shows the unemployment rate by four levels of education
(all groups are 25 years and older) through April 2024. Note: This is an
update to ...
7 hours ago
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