Category: US Economy
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Target Throws in the Towel: What Falling Consumer Incomes Tell Us the Fed Won’t
Target Throws in the Towel: What Falling Consumer Incomes Tell Us the Fed Won’t Target just announced it’s slashing prices on more than 3,000 products — apparel, home goods, daily essentials — and the move has almost nothing to do with tariffs or inflation. It has everything to do with a labor market that has…
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The Euro Dollar Economy: Understanding Consumer Confidence and Its Implications
The health of an economy can often be gauged by the confidence of its consumers, and current indicators suggest a troubling picture for the U.S. economy. Recent data point to a significant drop in consumer confidence, which, in turn, brings important implications for the euro dollar market—that is, the U.S. dollars circulating outside of the…
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