The Narrative Shift Is Almost Complete, Once Completed, Boom - Episode 1700a
Umich sentiment drops as more and more people are being pushed out of the market, auto spending outlook falls by the waste side and student loan debt is rising as delinquencies start to kick in. Student loans is the Millennial's worst nightmare, they have so much debt that they cannot function in the real world, many went to college hoping to get a high paying job, but all they received was debt and a low paying job. The narrative shift is almost complete a couple more rate hikes by the Fed and Trump contradicting them will seal the deal.
Thank you Dave. The numbers can be doctored but we certainly are seeing the spending going down and store closure. Also a lot of consumer goods are of worse quality. Items from Landsend used to be good and durable, now it isn't much better than Walmart brand.
Unfortunately I know a lot of sheeple that think they’re going to get their full pensions , and I can’t convince them otherwise . But a rude awakening will be the medicine they’ll need to wake up . Sad but true that some sheeple simply have to loose it all to realize the truth . Thanks 🙏