Making Sense of Cents: Ep. 5 – Parody of Paradoxes in the Market!

Parody of Paradoxes in the Market!

Surprising, everyday consumers are continuing to spend like there's no tomorrow thanks to the generous monetary and fiscal policy during the darkest days of the pandemic. Today, most Americans report they're the most financially secure they've ever been! But let's take that with a grain of salt since over 50% of Americans report having to go into debt to pay for an unexpected $1k expense…

With gas prices down 40–60% since June highs, Americans are celebrating with even more revenge spending. Come time for the holidays, consumer confidence might abate however, for now, there are clear paradoxes on the consumer and economic front that directly contradict each other! No one knows what to make of this market these days since everything is backward!
Read the full article here.

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