




Kayla Tradex Crypto 📈
855 posts








The personal savings rate in America just dropped to 2.9%. The only other two times it hit this level were: 2022 inflation and 2006-07 housing bubble. US consumers are running on fumes right now. And it's likely not sustainable. Either: spending drops, or incomes go up.

California added just 50,000 jobs between September 2022 and 2023, down from initial estimates of a 325,000 gain. Employment surveys overestimated job growth in higher-paying private-sector jobs and underestimated government job growth lao.ca.gov/LAOEconTax/Art…



Personal Income 0.3%, Exp. 0.2%, Last 0.2% Personal Spending 0.5%, Exp. 0.5%, Last 0.2% Personal Savings Rate craters to 2.9%, down from 3.1% and lowest since Covid crash.





@DiMartinoBooth re "it's difficult to see upticks [in initial claims]" - there was a very noticeable uptick in initial claims during late 2022 & the first 6-8 months of 2023, coupled with an increase in layoffs in the JOLTS data. Why were we able to see it *then* yet don't see anything now?








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@blockchainedbb Any info about Neiro perpetual? BB I am in deep water
