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Strategies & Market Trends : US Inflation and What To Do About It -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (1162)10/7/2019 7:45:40 PM
From: RetiredNow  Read Replies (1) | Respond to of 1504
 
I don't know about that. The consumer is overloaded with debt up to his/her eyeballs. How much longer can the consumer keep going? That is the real big question. Corporations are almost played out....like I said 6-12 mos. Government is running massive deficits, so not much more they can increase spending. Taxes are already at a low due to Trump. So if you want Aggregate Demand or GDP to continue to rise, what else is left in the equation? AD = C + B + G - T. Consumer is the last leg standing that is driving our economy, but not for long.