UBS On-Air: Market Moves
UBS On-Air: Paul Donovan Daily Audio 'A peek at the hedonism of US consumers'
31 Oct 2024
Description
After the excitement of yesterday’s GDP data, today investors are granted another peek into the hedonistic lifestyle of the US consumer. Personal income and consumption data are due, and both should be relatively buoyant. Job security and rising real incomes are powerful forces for supporting economic activity through consumer spending.
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