The Young Research Affluence Index has outperformed the Young Research Discount Goods Index by 100% since the economic recovery began. Our chart indicates that the economic recovery has still not reached low and middle income consumers. Quite shocking considering the populist majorities in both branches of government.
Jeremy Jones, CFA
Latest posts by Jeremy Jones, CFA (see all)
- A Refreshing Look from a Fed Official - May 20, 2019
- How Hard will Tariffs Hit Walmart? - May 17, 2019
- Will Trump’s China Tariffs Hurt Ordinary Americans? - May 16, 2019