https://www.wsj.com/articles/credit-card-spending-belies-con…
Credit-Card Spending Belies Consumers’ Glum View of the Economy
JPMorgan, Citigroup and Wells Fargo saw double-digit growth in credit-card spending in the first quarter
It almost seems impossible to avoid a recession. Soft landing is out of the question.
Shorting cyclical equities and commodities appears to be on the menu in the not too distant future.
FP
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