Great work as usual! Question for you: it looks like changes to PCE have outpaced both earnings and DPI . . . does that mean that PCE should come down soon enough, or that wages will catch up, or something else entirely? https://www.therandomwalk.co/p/consumption-has-grown-more-than-income
Wonderful coverage this year Matt!
Great work as usual! Question for you: it looks like changes to PCE have outpaced both earnings and DPI . . . does that mean that PCE should come down soon enough, or that wages will catch up, or something else entirely? https://www.therandomwalk.co/p/consumption-has-grown-more-than-income