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Jul 23, 23 | #131 | The American consumer is running out of money

by C Thomas Printer on July 23, 2023

This week’s Looking Backwards Looking Forwards show is discussing, among other things, whether the American consumer will remain resilient.

Looking Backwards

NY Fed report finds Americans increasingly facing borrowing headwinds

Carvana stock is up 1000% this year, leaving short sellers with a $2 billion loss

White House cocaine: US Secret Service ends investigation

Looking Forwards

Russia halts participation in Ukraine grain deal

Erdogan and MBS are squeezing America out of the Middle East

Turkey’s Erdogan signs $50 billion in deals during UAE visit

Taylor Swift concert or a luxurious trip to Tokyo? Seattle’s dilemma over soaring ticket prices

Johnson & Johnson sues Biden administration over Medicare drug price negotiations

biden bonds china debt economy energy prices environment Europe FED government history housing market Inflation interest rates oil reserve currency south america UK US US economy

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