February 20, 2023| Retail sales saw an unexpected boost this week, but the increase in credit card debt to finance spending will likely pose a long-term concern. We need to keep an eye on this risk, despite the near-term boost an increase in spending will provide. Source: thedailyshot
...August 12, 2022 | Credit card spending continues to march upwards. While consumers may be funding higher prices with credit cards, spending is spending. More Spending = More Profits, which is good for markets. If spending slows down, look for markets to become more bearish. Source: @thedailyshot
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