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The health of the American consumer is fading?

This article has a bad statement: “The consumer is challenged,” said Megan Horneman, chief investment officer at Verdence Capital Advisors. “We started to see at the end of the year that consumers were turning to credit cards to pay for the rise in food prices, rise in energy prices, and that’s actually gotten much worse.”

Poor people paying for basics on credit is like 2006.

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by Anonymousreply 0May 18, 2022 11:19 PM
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