UBS On-Air: Market Moves
UBS On-Air: Paul Donovan Daily Audio 'The politicization of inflation'
16 Aug 2024
The US middle-income consumer is doing just fine, with yesterday’s retail sales data showing little fear of unemployment and a willingness to indulge in the national pastime of spending money. Today’s Michigan consumer sentiment data will tell us about the extraordinary degree of US political partisanship, not about what consumers are feeling.
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