In April, former US Treasury Secretary Larry Summers drew laughs from investors when he said the Fed’s next move might be tightening, not easing. In other words, Mr. Summers is predicting another rate hike, which could cause the markets to… explode. And the truth is that few traders are still laughing. Of course, the likelihood …
Tag: consumer
Upcoming US Inflation Rise Will Reduce Consumer Income
Economists know that after a sharp drop in demand levels that these large amounts of declining demand are only caused by wars or global epidemics, inflation is the indicator size that will rise after the end of the problem due to declining demand. drastically reducing any disposable income of consumers-citizens. This is due to four …