Special Report
A Cycle-On-Cycle Review Of The US Consumer
Our Special Report is a graphical comparison of the consumer’s position in the current cycle to every cycle from 1960 forward. The bad news is that disposable income is increasingly reliant on government transfers and the labor market is softening. The good news is that the balance sheets of households in the lower half of the wealth distribution have improved a lot.
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BCA Research | US Investment Strategy
Insight into the future direction of financial markets
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