EPISODE · Oct 20, 2023 · 9 MIN
America’s Insatiable Thirst to Spend
from Bedell Frazier Investment Counselling
The American people keep spending. That's an important takeaway from a series of data points reported this week. Despite chronic high prices and spiking interest rates, consumer spending hasn't seen much of a dent; At least not yet. Of course this matters as the Consumer accounts for 70% of America's Economy. In Q3, spending was still strong.
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America’s Insatiable Thirst to Spend
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