If consumers follow through with their purchase plans for major appliances, new homes, and new cars, economic growth is likely to slow significantly over coming quarters. Plans to buy a new car are at record lows and plans to buy a new home are bordering on record lows.
Jeremy Jones, CFA
Latest posts by Jeremy Jones, CFA (see all)
- Goldman Warns on Junk Bonds - May 25, 2018
- America Records Fastest Home Price Inflation Since 2006 - May 24, 2018
- If You Had to Choose, Cell Phone or Car? - May 23, 2018