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The Consumption Conundrum

The Consumption Conundrum GDP, released last week, showed that the economy grew by a larger-than-expected 4.3%. Powering the strong economic growth was personal consumption, which rose by 3.5%. Consumers are spending!... What’s unusual about that statement is that consumer sentiment remains histor......

Source: Zero Hedge

Original URL: https://www.zerohedge.com/personal-finance/consumption-conundrum