[Click image to enlarge]

April 10, 2023

We can expect lower corporate profits. The U.S. savings rate edges upward, indicating consumers are starting to save more.

Why it matters: The savings rate is a key indicator of consumer spending (inverse) Higher savings = lower spending = reduced corporate profits.

Source: thedailyshot

Related Resources

Construction Increase

Construction Increase

Germany is Sluggish

Germany is Sluggish

Capital Markets Slowdown

Capital Markets Slowdown