SPGP - These 13 Charts Tell A Story About The U.S. Economy

2024-03-06 05:52:00 ET

Summary

• The US economy shows mixed signals, with rising GDP, inflation, and lowering unemployment.
• Americans are spending less of their incomes on debt despite the increase in debt since the pandemic.
• Consumers are weaker than expected, with a drop in household income and lower personal savings rates.
• This article covers two trade ideas related to these economic trends.

Introduction

The news narrative surrounding the current US economy is mixed, with pundits on both sides of the political aisle trying to use economic performance as a tool to boost their sides' popularity.

Figures like GDP, inflation, and unemployment are staples in this discussion but do not tell the whole picture and leave out some data points that should give us pause when believing the narratives pushed by news outlets....

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