Top 10% of households make up nearly half of all US spending: Data

[human1234]

 

[human1234]

No recession as long as stock market does not collapse 

[akkum_bakkum]

1 hour ago, human1234 said:

No recession as long as stock market does not collapse 

Unfortunately stock market is not a measure of economy’s health. This is a bloated economy. Job reports and inflation r the real indicators.

[human1234]

8 hours ago, akkum_bakkum said:

Unfortunately stock market is not a measure of economy’s health. This is a bloated economy. Job reports and inflation r the real indicators.

Partially correct. But as long as stock market does not crash and top 10% own most of the stock market, top 10% will keep spending resulting in no recession