September's consumer spending data came in softer than expected—just modest growth after several strong months. Signs are pointing to an economy that's running out of steam. Rising living costs keep squeezing households while the job market cools down, and together they're putting a lid on demand. Could be a signal worth watching for risk assets.
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BearMarketSurvivor
· 12-06 05:59
Consumer data is weakening again... Is it really losing steam this time, or is it just another fakeout? Feels like everyone should take a look at their own wallets.
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GasFeeNightmare
· 12-06 05:55
The economic slowdown has really arrived. With consumer data weakening, how much longer can risk assets hold up...
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TestnetNomad
· 12-06 05:54
The economy really is struggling to hold up; we've been hearing about weak consumer data signals way too often.
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ApeWithNoFear
· 12-06 05:53
Consumer spending data is weak, this is the market sounding the alarm for us... Unemployment plus inflation is a double whammy, how can retail investors survive...
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DecentralizeMe
· 12-06 05:38
Consumer data has softened; now it feels like the economy might be losing momentum.
September's consumer spending data came in softer than expected—just modest growth after several strong months. Signs are pointing to an economy that's running out of steam. Rising living costs keep squeezing households while the job market cools down, and together they're putting a lid on demand. Could be a signal worth watching for risk assets.