Peter St. Onge PhD Consumer spending and incomes are soaring.

Peter St. Onge PhD Consumer spending and incomes are soaring.

Fresh numbers say consumer spending hit 5.3% annualized — up from negative 3.3% in Biden’s last.
After-tax incomes are running 10.9% annualized.

Hard numbers for journalists furiously stabbing their voodoo dolls for a recession. https://x.com/profstonge/status/1907047796936773661