Quote:
Originally Posted by ASAP
do you think the average us consumer is doing well right now?
Prices up significantly over 5 years, minimal wage growth in the middle sector and unemployment slowly piling up? Again, I am not asking macro economic indicators that will drive wallstreet bonuses.
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Your question ignores my very cogent comments regarding interest rates. And qualifies as a straw man argument.
You appear to be implying that no consumers have exposure to "Wall Street"? I am a consumer and most certainly do. I am guessing that you do too. Unemployment has ticked up slightly from historic lows. 4.2% is hardly problematic.
I am not here to argue with anyone. Simply to post relevant information. Are you disputing something that I posted? If so, identify that with which you take issue (within context) and provide supporting data.
https://tradingeconomics.com/united-...il%20of%202020.
"Wages in the United States increased 6.30 percent in August of 2024 over the same month in the previous year. Wage Growth in the United States averaged 6.19 percent from 1960 until 2024". Average hourly wages rose .4% MoM in August.