[Exhibit 2. Click image to enlarge]

August 12, 2022

Credit card spending continues to march upwards. While consumers may be funding higher prices with credit cards, s.pending is spending

More Spending = More Profits, which is good for markets

If spending slows down, look for markets to become more bearish.

Source:
@thedailyshot

Related Resources

Weekly Overview September 23, 2022

Weekly Overview September 23, 2022

Interest Rates Increase For the Fifth Time in 2022

Interest Rates Increase For the Fifth Time in 2022

Speculators Bet on Higher Short-Term Interest Rates

Speculators Bet on Higher Short-Term Interest Rates