TEK2day

Operating at the Intersection of Technology and the Capital Markets

    Tag: consumer spending

    • The Consumer Is Weakening

      We do not subscribe to the premise that the consumer is not weakening. If PCE were adjusted for the true cost of price inflation, total real spend would be down year-over-year. We believe that unit sales are down year-over-year across most categories and that “growth” in consumer spending is a function of unit price increases.…