Good updates in this segment on larger trends in inflation, employment and consumption.
Consumer Prices Accelerated in Jan, but Annual Growth Slowed. Here is a direct video link.
Meanwhile, as shown below, half of Americans recently surveyed report that their financial situation is worse today than a year ago (dotted line below since 1975). Just 35% said they are better off (green line), down from 60% in 2020. Past recessions saw this number bottom between 22 and 30%. The present trend is not bullish for economic growth and corporate revenues.
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