U.S. Data/Dudley
Karim writes: Data: General impression is manufacturing is slowing but ‘building blocks’ for consumer getting better (sorry for delay) Consumer Personal income up 0.5% in Aug and now running 3.3% y/y This is a very significant positive. With personal income rising at this rate the chances of negative growth are slim and none. Savings rate back up to 5.8% from [...]
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